Tsugami (6101) Q1 2025 earnings summary

Executive summary

• Revenue for Q1 FY2025 rose 21.9% year-over-year to ¥25,731 million, with operating profit up 63.0% and profit attributable to owners of parent up 107.4%.

• Strong profit structure maintained despite market fluctuations; significant growth in China offset declines in Japan and other regions.

Financial highlights

• Q1 revenue: ¥25,731 million (up 21.9% YoY); operating profit: ¥5,789 million (up 63.0% YoY); profit before tax: ¥6,063 million (up 51.5% YoY); profit attributable to owners of parent: ¥2,705 million (up 107.4% YoY).

• Basic EPS: ¥57.22 (up from ¥27.20 YoY); total comprehensive income: ¥7,511 million (up 85.1% YoY).

• Overseas revenue ratio increased to 93.3% of consolidated sales.

Outlook and guidance

• Full-year FY2025 forecast: revenue ¥90,000 million (up 7.2% YoY), operating profit ¥15,000 million (up 14.5% YoY), profit attributable to owners of parent ¥6,500 million (up 20.9% YoY), basic EPS ¥137.43.

• Dividend forecast unchanged at ¥48.00 per share for the year.