Tsubakimoto Kogyo (8052) Q1 2025 earnings summary

Executive summary

• Q1 FY2025 net sales were ¥24,519 million, down 6.1% YoY; operating profit was ¥725 million, down 43.2%, and profit attributable to owners of parent was ¥568 million, down 43.7%.

• Segment profit fell to ¥1,133 million from ¥1,597 million, while corporate expenses increased to ¥402 million from ¥312 million.

Financial highlights

• Gross profit was ¥3,772 million versus ¥4,080 million YoY; SG&A expenses were ¥3,046 million versus ¥2,803 million.

• Ordinary profit was ¥932 million, down 35.8% YoY; comprehensive income was ¥1,907 million versus ¥2,043 million.

• Total assets were ¥95,090 million as of June 30, 2024, versus ¥94,756 million at March 31; net assets were ¥41,390 million versus ¥40,377 million.

Outlook and guidance

• FY2025 forecast: net sales ¥116,000 million, operating profit ¥5,500 million, ordinary profit ¥5,900 million, and parent-attributable profit ¥3,900 million; basic EPS ¥207.54.

• First-half forecast: net sales ¥57,000 million, operating profit ¥2,700 million, ordinary profit ¥2,920 million, and parent-attributable profit ¥1,940 million; basic EPS ¥103.24.

• Financial results and dividend forecasts were unchanged; actual results may differ from forecasts based on current information and assumptions.