Sinfonia Technology (6507) Q1 2025 earnings summary

Executive summary

• Net sales rose 11.8% year-over-year to ¥21,440 million for the quarter ended June 30, 2024.

• Operating profit surged 213.2% year-over-year to ¥1,926 million, with ordinary profit up 148.3% to ¥2,528 million.

• Profit attributable to owners of parent increased 153.4% year-over-year to ¥1,800 million.

Financial highlights

• Gross profit increased from ¥4,352 million to ¥5,776 million year-over-year.

• EPS for the quarter was ¥63.86, up from ¥25.20 in the prior year.

• Comprehensive income declined to ¥1,359 million from ¥2,183 million year-over-year.

• Overseas net sales grew 31.3% year-over-year, with the overseas sales ratio rising to 33.5%.

Outlook and guidance

• Full-year net sales forecast at ¥110,000 million, up 7.2% year-over-year.

• Operating and ordinary profit both projected at ¥11,500 million, up 14.9% year-over-year.

• Profit attributable to owners of parent forecast at ¥8,000 million, up 6.6% year-over-year; EPS forecast at ¥283.74.

• Annual dividend forecast raised to ¥75.00 per share.