Takara Standard (7981) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, were ¥57,318 million, up 0.1% year-over-year.

• Operating profit rose 15.4% year-over-year to ¥3,097 million, and ordinary profit increased 14.2% to ¥3,282 million.

• Profit attributable to owners of parent was ¥2,072 million, up 7.7% year-over-year.

• Comprehensive income grew 14.3% year-over-year to ¥3,123 million.

Financial highlights

• Gross profit increased to ¥19,772 million from ¥19,084 million year-over-year.

• Basic earnings per share for the quarter was ¥30.33, compared to ¥27.37 in the prior year.

• Total assets as of June 30, 2024, were ¥271,061 million, up from ¥268,675 million at March 31, 2024.

• Net assets rose to ¥188,676 million, with an equity ratio of 69.6%.

Outlook and guidance

• Full-year net sales forecast is ¥239,100 million, up 1.9% year-over-year.

• Operating profit for the full year is projected at ¥14,500 million, up 16.7% year-over-year.

• Profit attributable to owners of parent is forecast at ¥9,700 million, up 2.1% year-over-year.

• Annual dividend forecast is ¥56.00 per share, up from ¥54.00 in the previous year.