Sankyu (9065) Q1 2025 earnings summary

Executive summary

• Net sales rose 4.0% year-over-year to ¥143,020 million for the quarter ended June 30, 2024, but operating profit declined 0.4% to ¥8,754 million and profit attributable to owners of parent fell 2.3% to ¥5,653 million.

• Comprehensive income decreased 5.8% year-over-year to ¥8,683 million.

Financial highlights

• Gross profit increased to ¥15,835 million from ¥15,257 million year-over-year.

• Ordinary profit dropped 2.1% year-over-year to ¥9,492 million.

• Basic earnings per share rose to ¥102.25 from ¥99.35 year-over-year.

• Equity ratio decreased to 54.7% from 55.8% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast at ¥587,000 million, up 4.2% year-over-year; operating profit projected at ¥36,500 million, up 6.5%.

• Profit attributable to owners of parent forecasted at ¥25,000 million, up 2.5% year-over-year.

• No revisions to previously announced forecasts.