Bunka Shutter (5930) Q1 2025 earnings summary

Executive summary

• Net sales rose 1.8% year-over-year to ¥46,315 million for the first three months ended June 30, 2024, amid a moderately recovering Japanese economy but ongoing industry uncertainty.

• Operating profit increased 33.8% year-over-year to ¥433 million, ordinary profit surged 107.7% to ¥1,614 million, and profit attributable to owners of parent jumped 160.0% to ¥772 million.

• All segments focused on profit improvement through price adjustments, cost controls, and margin enhancements.

Financial highlights

• Gross profit improved to ¥11,936 million from ¥11,151 million year-over-year.

• Basic earnings per share rose to ¥10.86 from ¥4.18 year-over-year.

• Comprehensive income fell to ¥185 million from ¥673 million year-over-year, mainly due to negative foreign currency translation adjustments.

• Total assets decreased to ¥199,576 million from ¥206,879 million at the previous fiscal year-end.

• Equity-to-asset ratio increased to 50.9% from 50.2% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast remains unchanged: net sales of ¥230,000 million (+4.0% year-over-year), operating profit of ¥15,000 million (+3.6%), and profit attributable to owners of parent of ¥11,400 million (+7.7%).

• Interim dividend forecast at ¥32.00 per share; full-year dividend forecast at ¥64.00 per share.