TORIDOLL (3397) Q1 2025 earnings summary

Executive summary

• Q1 FY3/25 consolidated revenue reached a record ¥65.9 billion, with business profit at a record ¥4.4 billion, driven by Marugame Seimen's strong performance.

• Marugame Seimen segment achieved record business profit of ¥5.7 billion and a margin of 17.9%.

• Operating profit declined 10.2% year-over-year to ¥3,518 million due to impairment losses and one-off expenses, mainly in the Overseas segment.

• Profit attributable to owners of the parent dropped 42.8% year-over-year to ¥1,513 million, impacted by higher income tax expense and one-time overseas costs.

• Progress is generally in line with the consolidated performance forecast.

Financial highlights

• Revenue increased 25.1% year-over-year to ¥65,856 million.

• Business profit rose 13.3% year-over-year to ¥4,423 million.

• EBITDA for Q1 FY3/25 was ¥11,755 million, up 12.2% year-over-year; adjusted EBITDA was ¥12,333 million, up 14.5%.

• Operating profit decreased 10.2% year-over-year to ¥3,518 million due to impairment losses and one-off expenses.

• Basic EPS for Q1 FY3/25 was ¥16.24, down from ¥29.30 year-over-year.

Outlook and guidance

• Full-year revenue forecast is ¥265 billion, up 14.2% from the previous year.

• Full-year business profit forecast is ¥18.1 billion, up 24.5% year-over-year.

• Operating profit for the year is projected at ¥14.1 billion, up 21.1% year-over-year.

• Full-year profit attributable to owners of the parent is projected at ¥6,460 million, up 13.8% year-over-year.

• Overseas segment profitability expected to recover as restructuring and cost controls are implemented.