Yuasa Trading (8074) Q1 2025 earnings summary

Executive summary

• Net sales rose 2.7% year-over-year to ¥113,687 million for the quarter ended June 30, 2024, with operating profit up 13.2% and ordinary profit up 17.6%.

• Profit attributable to owners of parent fell 61.2% year-over-year to ¥1,294 million, mainly due to a one-time gain on return of retirement benefit trust in the prior year.

• The company advanced its medium-term management plan, focusing on corporate culture reform, digital transformation, and sustainability.

• Overseas expansion included acquiring HENKO Group in Thailand and planning a major exhibition in 2025.

Financial highlights

• Net sales: ¥113,687 million (up 2.7% year-over-year).

• Operating profit: ¥1,671 million (up 13.2% year-over-year).

• Ordinary profit: ¥2,008 million (up 17.6% year-over-year).

• Profit attributable to owners of parent: ¥1,294 million (down 61.2% year-over-year).

• Basic EPS: ¥61.63 (down from ¥158.40 year-over-year).

• Comprehensive income: ¥1,724 million (down 26.6% year-over-year).

Outlook and guidance

• Full-year forecast unchanged: net sales ¥542,400 million (up 3.0%), operating profit ¥17,000 million (up 15.5%), ordinary profit ¥18,000 million (up 14.4%), profit attributable to owners of parent ¥12,000 million (up 1.6%).

• Interim dividend forecast: ¥72.00 per share; full-year dividend forecast: ¥190.00 per share.