Hirose Electric (6806) Q1 2025 earnings summary

Executive summary

• Sales/revenue increased by 9.1% year-over-year for Q1 FY2025, driven by recovery in industrial equipment and strong performance in consumer, mobile, and automotive markets.

• Operating profit declined by 4.2% year-over-year to JPY 9,833 million, with an operating margin of 20.1%.

• Net profit attributable to owners of parent fell 14.0% to JPY 7,227 million.

• Orders rose 7.3% year-over-year and 8.9% sequentially from the previous quarter.

• Comprehensive income decreased 19.5% year-over-year to JPY 12,233 million.

Financial highlights

• Sales reached JPY 48,972 million, up 9.1% year-over-year.

• Operating profit was JPY 9,833 million, down 4.2% year-over-year.

• Net profit declined 14.0% year-over-year to JPY 7,227 million.

• Earnings per share dropped to JPY 213.58 from JPY 248.41 year-over-year.

• Profit before tax decreased by 13.5% year-over-year.

Outlook and guidance

• No change in the full-year forecast announced in May 2025.

• FY2025 full-year sales expected at JPY 191,000 million, up 0.8% year-over-year.

• Operating profit forecasted to decrease 9.8% year-over-year.

• Net profit projected to fall 15.2% year-over-year.

• Dividend per share maintained at JPY 490.