Soliton Systems (3040) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 were ¥4,585 million, up 0.2% year-over-year, with operating profit rising 21.3% to ¥593 million.

• Ordinary profit declined 7.4% to ¥528 million, while profit attributable to owners of parent increased 2.4% to ¥400 million.

• Comprehensive income for the quarter was ¥342 million, down 28.2% year-over-year.

Financial highlights

• Gross profit improved to ¥2,106 million from ¥2,050 million year-over-year.

• Basic earnings per share for Q1 2025 was ¥21.63, up from ¥21.14 in Q1 2024.

• Total assets decreased to ¥22,880 million as of March 31, 2025, from ¥23,286 million at the end of 2024.

• Equity-to-asset ratio stood at 52.2% at quarter-end.

Outlook and guidance

• Full-year 2025 forecast: net sales ¥19,500 million (+4.8%), operating profit ¥2,200 million (+7.7%), ordinary profit ¥2,200 million (+2.0%), profit attributable to owners of parent ¥1,750 million (+1.4%), and EPS ¥94.41.

• Annual dividend forecast maintained at ¥52.00 per share.