Nitori Holdings (9843) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2025 rose 6.6% year-over-year to ¥232,819 million, with operating profit up 4.6% to ¥34,488 million.

• Profit attributable to owners of parent increased 5.7% year-over-year to ¥24,213 million.

• Comprehensive income grew 9.3% year-over-year to ¥29,263 million.

Financial highlights

• Gross profit for the quarter was ¥119,290 million, up from ¥111,052 million a year earlier.

• Ordinary profit increased to ¥36,044 million from ¥33,518 million year-over-year.

• Basic earnings per share rose to ¥214.26 from ¥202.76 year-over-year.

• Total assets as of June 30, 2024, were ¥1,223,939 million, with net assets at ¥917,433 million.

• Capital adequacy ratio improved to 75.0% from 72.4% at the previous fiscal year-end.

Outlook and guidance

• Full-year FY2025 net sales forecast at ¥960,000 million, up 7.2% year-over-year.

• Operating profit projected at ¥129,600 million, up 9.4% year-over-year.

• Profit attributable to owners of parent forecast at ¥92,000 million, up 6.3% year-over-year.

• Full-year basic EPS forecast at ¥814.07.

• Dividend forecast for FY2025 is ¥152.00 per share, up from ¥147.00 in FY2024.