Sakata INX (4633) Q1 2025 earnings summary

Executive summary

• Net sales for FY2025 Q1 rose 8.3% year-over-year to ¥64,059 million, driven by strong U.S. sales and a recently acquired U.S. subsidiary.

• Operating income decreased 1.8% year-over-year to ¥3,857 million, mainly due to higher personnel and system expenses.

• Net income attributable to owners of parent increased 12.7% year-over-year to ¥3,078 million.

• Comprehensive income turned negative at (2,010) million yen, mainly due to foreign currency translation losses.

Financial highlights

• Ordinary income grew 5.9% year-over-year to ¥4,234 million.

• Earnings per share for Q1 was ¥62.09, up from ¥54.57 year-over-year.

• Total assets decreased to ¥215,709 million as of March 31, 2025, mainly due to yen appreciation.

• Equity ratio at 50.0% as of March 31, 2025.

• Net assets fell 3.8% to ¥114,731 million, primarily from a decrease in accumulated other comprehensive income.

Outlook and guidance

• FY2025 full-year forecast remains unchanged: net sales ¥268,000 million, operating income ¥15,500 million, net income attributable to owners of parent ¥10,800 million.

• Operating income margin for FY2025 is projected at 5.8%, with EPS forecast at ¥217.67.

• Company will monitor U.S. trade policy uncertainties and update guidance as needed.