SEMITEC (6626) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥6,393 million, up 16.5% year-over-year, with operating profit at ¥1,064 million, up 28.4% year-over-year, and net income attributable to shareholders at ¥802 million, up 170.4% year-over-year.

• Growth was driven by strong automotive and medical segments, with improvements in OA equipment and home appliances.

Financial highlights

• Gross profit increased to ¥2,468 million from ¥2,109 million year-over-year.

• Operating margin improved, with operating profit rising to ¥1,064 million from ¥828 million year-over-year.

• Comprehensive income for the quarter was ¥1,818 million, up 61.4% year-over-year.

• EPS for Q1 was ¥74.01, up from ¥26.11 in the prior year.

Outlook and guidance

• Full-year FY2025 revenue forecast is ¥24,035 million (up 6.0% year-over-year), with operating profit of ¥3,750 million (up 5.0%) and net income of ¥2,635 million (up 22.6%).

• No changes to previously announced guidance; management will update if necessary.