Amada (6113) Q1 2025 earnings summary

Executive summary

• Sales revenue for Q1 FY2025 was ¥77.2bn, down 7.0% year-over-year, the third-highest Q1 on record.

• Operating profit dropped 52.9% year-over-year to ¥4.0bn.

• Net income attributable to owners was ¥2.7bn, a 58.2% decrease year-over-year.

• Orders increased 6.8% year-over-year to ¥93.7bn, with record Q1 levels in North America and Asia & Others.

• Comprehensive income decreased 70.9% year-over-year to ¥6.1bn.

Financial highlights

• Gross profit fell to ¥32.9bn, with gross margin at 42.6%.

• SG&A expenses rose 3.4% year-over-year to ¥29.3bn.

• Basic EPS was ¥8.47, down from ¥19.45 year-over-year.

• Inventory volume decreased by ¥16.5bn (-10.2%) year-over-year, turnover at 4.3 months.

• Total assets increased to ¥654.6bn as of June 30, 2025.

Outlook and guidance

• Management remains cautious due to geopolitical tensions and potential U.S. tariffs.

• Revenue forecast for FY2026 is ¥405.0bn, up 2.1% year-over-year.

• Operating profit forecast is ¥45.0bn, down 8.3% year-over-year.

• Dividend forecast remains at ¥62 per share for the fiscal year.

• Future performance may be affected by global economic uncertainty and currency fluctuations.