Shibaura Mechatronics (6590) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2024 rose 20.2% year-over-year to ¥17,129 million, with operating income up 44.2% to ¥3,069 million.

• Net income attributable to owners increased 27.5% year-over-year to ¥2,288 million.

• Comprehensive income grew 31.8% year-over-year to ¥2,431 million.

Financial highlights

• Basic earnings per share for Q1 FY2024 was ¥174.66, up from ¥135.34 year-over-year, reflecting a 3-for-1 stock split.

• Total assets as of June 30, 2024 were ¥84,381 million, with net assets at ¥38,536 million.

• Equity-to-asset ratio improved to 45.7% from 42.4% at the previous fiscal year-end.

Outlook and guidance

• Full-year FY2025 forecast: net sales ¥73,000 million (+8.1% YoY), operating income ¥11,800 million (+1.0% YoY), net income attributable to owners ¥8,800 million (+0.1% YoY), EPS ¥671.53.

• Dividend forecast for FY2025 is ¥235.00 per share, with revisions made to the previous forecast.