Sintokogio (6339) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY25 rose 60.8% year-over-year to ¥41,425 million, while consolidated sales reached 25 billion JPY, up from 24 billion JPY in Q1 FY24, indicating modest growth.

• Operating income for Q1 FY25 was 0.71 billion JPY, up from 0.53 billion JPY in Q1 FY24, and operating profit increased 33.1% year-over-year to ¥712 million.

• Profit attributable to owners of parent fell 26.8% to ¥186 million, and comprehensive income turned negative at ¥(1,377) million.

Financial highlights

• Gross profit for the quarter was ¥11,528 million, up from ¥7,652 million year-over-year.

• Operating income ratio improved to 2.8% in Q1 FY25 from 2.2% in Q1 FY24, but operating profit margin decreased due to higher SG&A expenses.

• Orders received in Q1 FY25 totaled 35 billion JPY, up from 33 billion JPY in Q1 FY24.

• Order backlog at the end of Q1 FY25 was 114 billion JPY, down from 123 billion JPY at the end of Q1 FY24.

• Basic earnings per share for the quarter was ¥3.56, down from ¥4.87 year-over-year.

Outlook and guidance

• Full-year FY25 sales are planned at 160 billion JPY, up from 150 billion JPY in FY24, with net sales forecast for the fiscal year ending March 31, 2026, at ¥160,000 million, up 6.5% year-over-year.

• Full-year operating income is projected at 4.8 billion JPY, compared to 4.7 billion JPY in FY24, and operating profit is projected to rise 59.7% to ¥4,800 million.

• Profit attributable to owners of parent is expected to increase 8.8% to ¥3,000 million.

• Dividend forecast remains unchanged at ¥44.00 per share for the fiscal year.