Takara Holdings (2531) Q1 2025 earnings summary

Executive summary

• Net sales rose 4.2% year-over-year to ¥84,956 million for the quarter ended June 30, 2024, with operating income down 42.8% to ¥4,064 million and net income attributable to owners up 4.1% to ¥5,170 million, driven by extraordinary gains from asset sales.

• Gross profit declined 2.4% year-over-year to ¥27,360 million, while SG&A expenses increased 11.3% to ¥23,295 million.

• Comprehensive income increased to ¥11,567 million from ¥11,166 million year-over-year.

Financial highlights

• Ordinary income decreased 37.8% year-over-year to ¥4,791 million.

• Net income per share was ¥26.48, up from ¥25.11 in the prior year.

• Total assets increased to ¥439,765 million, and equity ratio improved to 53.0% from 52.3% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥362,000 million (up 6.7% year-over-year), with operating income projected at ¥25,700 million (up 15.5%) and net income attributable to owners at ¥17,200 million (up 6.3%).

• No changes to previously published forecasts for the six months and full year.