The Zenitaka Corporation (1811) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 was ¥26,365 million, down 4.0% year-over-year, with construction at ¥25,755 million and real estate at ¥610 million.

• Operating profit dropped 97.4% year-over-year to ¥53 million; ordinary profit fell 68.7% to ¥899 million.

• Net income attributable to shareholders was ¥558 million, a 77.8% decrease year-over-year.

• The business environment remains challenging due to high material costs, labor shortages, and economic uncertainty.

Financial highlights

• Gross profit for Q1 FY2025 was ¥1,715 million, down from ¥3,609 million in the prior year.

• Comprehensive income for the quarter was ¥768 million, down 89.7% year-over-year.

• Total assets at quarter-end were ¥200,211 million, down 1.7% from the previous fiscal year-end.

• Equity ratio improved slightly to 46.4% from 45.6% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥121,400 million, with operating profit projected at ¥1,100 million and net income at ¥1,900 million.

• No revision to previously announced earnings guidance as of this report.

• Year-end dividend remains undecided, pending future performance.