SOMAR Corporation (8152) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥7,315 million, up 12.8% year-over-year, with operating profit at ¥694 million, a 129.4% increase, and net profit attributable to shareholders at ¥689 million, a 676.3% rise, driven by strong overseas sales in high-performance resins and robust smartphone-related orders.

• Economic normalization in Japan and global uncertainties (high interest rates, energy prices, geopolitical issues) shaped the business environment.

Financial highlights

• Operating profit surged due to strong overseas sales of high-performance resin products and steady smartphone-related demand.

• Ordinary profit rose 161.6% year-over-year to ¥860 million, aided by ¥107 million in foreign exchange gains.

• Net profit was boosted by a ¥183 million gain from the sale of investment securities and the absence of a prior-year ¥320 million retirement benefit system loss.

• Comprehensive income for the quarter was ¥775 million, up 61.6% year-over-year.

Outlook and guidance

• Full-year guidance remains unchanged: revenue ¥30,500 million (+14.4%), operating profit ¥1,850 million (+2.9%), ordinary profit ¥1,950 million (+2.2%), net profit ¥1,400 million (+2.1%), and annual dividend forecast at ¥70 per share.