Inaba Denki Sangyo (9934) Q1 2025 earnings summary

Executive summary

• Net sales rose 10.5% year-over-year to ¥82,113 million for the quarter ended June 30, 2024.

• Operating profit increased 21.9% year-over-year to ¥5,426 million.

• Profit attributable to owners of parent grew 18.0% year-over-year to ¥4,267 million.

• Earnings per share reached ¥76.17, up from ¥64.89 in the prior year period.

Financial highlights

• Gross profit improved to ¥14,945 million from ¥13,099 million year-over-year.

• Ordinary profit rose to ¥6,133 million, up from ¥5,101 million year-over-year.

• Comprehensive income for the quarter was ¥4,723 million, compared to ¥5,397 million in the previous year.

• Total assets decreased to ¥254,491 million as of June 30, 2024, from ¥262,811 million at March 31, 2024.

• Equity ratio improved to 63.9% from 61.5% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecasted at ¥362,000 million, a 4.8% increase year-over-year.

• Operating profit projected at ¥23,500 million, up 10.2% year-over-year.

• Profit attributable to owners of parent expected to reach ¥16,400 million, a 5.0% increase year-over-year.

• Full-year earnings per share forecasted at ¥292.97.

• Annual dividend forecast maintained at ¥130.00 per share.