Techno Ryowa Ltd (1965) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 rose 11.5% year-over-year to ¥16,184 million, driven by progress on large carried-over projects and robust order intake, especially in industrial and general building equipment sectors.

• Operating profit increased 31.3% year-over-year to ¥698 million, and net profit attributable to shareholders rose 15.3% to ¥612 million, aided by improved gross margins and gains from the sale of investment securities.

• Orders received surged 21.5% year-over-year to ¥40,898 million, led by large-scale semiconductor-related and public sector projects.

Financial highlights

• Operating profit: ¥698 million (up 31.3% year-over-year).

• Ordinary profit: ¥879 million (up 8.2% year-over-year).

• Net profit attributable to shareholders: ¥612 million (up 15.3% year-over-year).

• EPS: ¥29.10 (up from ¥24.38 year-over-year).

• Comprehensive income: ¥594 million (down 33.0% year-over-year).

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥74,500 million, with operating profit projected at ¥5,100 million (up 12.0% year-over-year) and net profit at ¥3,700 million (down 17.9% year-over-year).

• Dividend forecast for FY2025 is ¥52.00 per share, unchanged from previous guidance.