Fukui Computer (9790) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2024 were ¥3,481 million, down 1.6% year-over-year; operating profit was ¥1,400 million, down 0.3% year-over-year; ordinary profit was ¥1,424 million, down 0.4% year-over-year; net income was ¥968 million, flat year-over-year.

• Comprehensive income for the quarter was ¥975 million, down 4.9% year-over-year.

Financial highlights

• Gross profit for Q1 FY2024 was ¥2,708 million, down from ¥2,759 million in the prior year.

• Basic earnings per share for Q1 FY2024 was ¥46.84, nearly unchanged from ¥46.82 in Q1 FY2023.

• Total assets as of June 30, 2024, were ¥30,066 million, up ¥303 million from March 31, 2024.

• Net assets decreased by ¥368 million to ¥24,038 million; shareholders' equity ratio was 80.0%.

Outlook and guidance

• Full-year FY2025 forecast: net sales ¥13,837 million (up 0.1% year-over-year), operating profit ¥5,390 million (down 3.5%), ordinary profit ¥5,430 million (down 4.3%), net income ¥3,572 million (down 6.4%), EPS ¥172.77.

• No change to previously announced financial results forecast.