Tachibana Eletech (8159) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥51,741 million, down 7.4% year-over-year, with operating profit at ¥1,376 million (down 50.0%) and net profit attributable to shareholders at ¥1,346 million (down 40.1%).

• Economic conditions remained uncertain due to global risks, with domestic recovery in consumption and investment but prolonged inventory adjustments impacting FA systems and semiconductor devices.

• The company focused on automation, digitalization, and business expansion through exhibitions and solution proposals.

Financial highlights

• Gross profit for Q1 FY2025 was ¥6,481 million, down from ¥7,859 million year-over-year.

• Comprehensive income for the quarter was ¥1,959 million, a 48.4% decrease year-over-year.

• Total assets at quarter-end were ¥173,272 million, down ¥5,009 million from the previous fiscal year-end.

• Net assets increased to ¥92,889 million, up ¥317 million from the previous year-end.

Outlook and guidance

• Full-year FY2025 guidance is unchanged: revenue ¥228,000 million (+1.3% YoY), operating profit ¥10,000 million (−7.1%), ordinary profit ¥10,100 million (+15.0%), and net profit ¥7,000 million (+17.4%).

• Dividend forecast remains at ¥100 per share for the year.