Ishihara Sangyo Kaisha (4028) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2025 were ¥37,595 million, nearly flat year-over-year, with operating income down 44.7% to ¥1,786 million and profit attributable to owners of parent down 42.3% to ¥2,873 million.

• Comprehensive income decreased 29.4% year-over-year to ¥3,925 million.

Financial highlights

• Gross profit declined to ¥8,892 million from ¥9,544 million year-over-year.

• Ordinary income fell 28.7% to ¥4,136 million.

• Net income per share was ¥75.24, down from ¥130.70 in the prior year.

• Total assets increased to ¥231,019 million from ¥224,324 million at the end of March 2024.

• Capital adequacy ratio was 46.4% as of June 30, 2024.

Outlook and guidance

• Full-year net sales forecast is ¥144,000 million (+4.0% year-over-year), with operating income expected at ¥10,000 million (-13.0%) and profit attributable to owners of parent at ¥6,000 million (-24.9%).

• Interim dividend forecast is ¥0.00, with year-end dividend forecast at ¥70.00 per share.

• Management revised the financial results forecast during the period.