Shinwa (7607) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended November 30, 2024, rose 13.4% year-over-year to ¥19,269 million, with operating profit up 58.9% to ¥848 million and profit attributable to owners of parent up 30.6% to ¥636 million.

• Comprehensive income increased to ¥280 million, though this reflects a 62.1% year-over-year decrease, mainly due to negative foreign currency translation adjustments.

Financial highlights

• Gross profit for the quarter was ¥3,094 million, up from ¥2,598 million year-over-year.

• Ordinary profit reached ¥988 million, a 33.7% increase from the prior year.

• Basic earnings per share for the quarter were ¥47.56, up from ¥36.45 a year earlier.

• Total assets as of November 30, 2024, were ¥67,039 million, up from ¥65,600 million at the previous fiscal year-end.

• Net assets stood at ¥41,545 million, with a capital adequacy ratio of 61.8%.

Outlook and guidance

• Full-year net sales are forecast at ¥81,000 million, up 4.1% year-over-year, with operating profit projected at ¥4,100 million (15.2% increase) and profit attributable to owners of parent at ¥3,000 million (9.9% increase).

• Basic earnings per share for the full year are forecast at ¥224.05.

• No revisions have been made to the previously announced financial results forecast.