Nippn (2001) Q1 2025 earnings summary

Executive summary

• Net sales rose 3.4% year-over-year to ¥101,969 million, driven by inbound consumption and price revisions.

• Operating income declined 5.8% year-over-year to ¥5,132 million due to higher strategic, personnel, and logistics costs.

• Profit attributable to owners of parent surged 110.6% year-over-year to ¥9,433 million, aided by extraordinary gains from asset sales.

• Comprehensive income increased 31.1% year-over-year to ¥15,318 million.

Financial highlights

• Gross profit increased to ¥24,623 million from ¥22,980 million year-over-year.

• Ordinary income decreased 2.1% year-over-year to ¥6,543 million.

• EPS for the quarter was ¥120.98, up from ¥57.47 in the prior year.

• Total assets grew to ¥399,750 million from ¥386,692 million at the previous fiscal year-end.

• Net assets rose to ¥240,586 million, with an equity ratio of 59.1%.

Outlook and guidance

• Full-year net sales forecast at ¥412,000 million, up 2.9% year-over-year.

• Full-year operating income forecast at ¥20,500 million, up 0.8% year-over-year.

• Full-year profit attributable to owners of parent forecast at ¥13,000 million, up 53.1% year-over-year.

• Dividend forecast unchanged at ¥66 per share for FY2025.