Nisshinbo (3105) Q1 2025 earnings summary

Executive summary

• Net sales rose 15.6% year-over-year to ¥151,164 million, driven by strong Wireless and Communications and Real Estate segments, despite declines in Micro Devices.

• Operating profit surged 161.3% year-over-year to ¥21,291 million, with ordinary profit up 112.7% to ¥21,453 million.

• Profit attributable to owners of parent increased 93.7% year-over-year to ¥15,293 million.

Financial highlights

• Gross profit increased to ¥44,573 million from ¥30,072 million year-over-year.

• Basic earnings per share rose to ¥97.65 from ¥50.25 year-over-year.

• Comprehensive income dropped to ¥5,263 million from ¥18,906 million year-over-year, mainly due to negative other comprehensive income.

• Total assets decreased to ¥665,031 million from ¥680,112 million at the previous year-end.

• Net assets increased to ¥299,549 million from ¥297,785 million at the previous year-end.

Outlook and guidance

• Full-year net sales forecast at ¥506,000 million, up 2.3% year-over-year.

• Operating profit forecast at ¥19,700 million, down 18.8% year-over-year; ordinary profit at ¥21,600 million, down 11.5%.

• Profit attributable to owners of parent forecast at ¥18,300 million, up 78.1% year-over-year; basic EPS forecast at ¥117.33.

• No changes to previously announced earnings forecast.