Sekisui Jushi (4212) Q1 2025 earnings summary

Executive summary

• Net sales rose 13.3% year-over-year to ¥15,542 million for the quarter ended June 30, 2024.

• Operating profit declined 38.7% year-over-year to ¥744 million, and ordinary profit fell 34.3% to ¥928 million.

• Profit attributable to owners of parent dropped 49.2% year-over-year to ¥428 million.

• Comprehensive income increased to ¥1,471 million from ¥1,401 million year-over-year, driven by gains in other comprehensive income.

Financial highlights

• Gross profit increased to ¥4,846 million from ¥4,130 million year-over-year.

• EBITDA for the quarter was ¥1,580 million, up 5.9% year-over-year.

• Earnings per share decreased to ¥13.15 from ¥20.98 year-over-year.

• Total assets decreased to ¥130,255 million from ¥133,269 million at the previous fiscal year-end.

• Net assets declined to ¥97,842 million from ¥98,829 million at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecasted at ¥75,500 million, up 20.2% year-over-year.

• Full-year operating profit projected at ¥6,500 million, ordinary profit at ¥7,000 million, and profit attributable to owners of parent at ¥4,850 million.

• Full-year earnings per share forecasted at ¥152.24.

• Annual dividend forecast raised to ¥70.00 per share.