Hamakyorex Co (9037) Q1 2025 earnings summary

Executive summary

• Net sales rose 8.0% year-over-year to ¥35,744 million for the quarter ended June 30, 2024.

• Operating profit increased 11.3% year-over-year to ¥3,278 million.

• Profit attributable to owners of parent grew 12.7% year-over-year to ¥2,152 million.

• Earnings per share reached ¥114.88, up from ¥101.71 in the prior year period.

Financial highlights

• Operating revenue was ¥35,744 million, with operating costs at ¥31,173 million, resulting in a gross profit of ¥4,571 million.

• Ordinary profit rose to ¥3,567 million, up 11.9% year-over-year.

• Comprehensive income for the quarter was ¥2,478 million.

• Total assets increased to ¥155,358 million as of June 30, 2024.

• Equity ratio improved to 54.5% from 54.2% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast is ¥146,000 million, a 3.9% increase year-over-year.

• Operating profit for the year is projected at ¥12,900 million, up 2.6% year-over-year.

• Profit attributable to owners of parent is forecast at ¥8,600 million, a 3.6% increase.

• Earnings per share for the full year is forecast at ¥458.25, not reflecting the planned stock split.