Otsuka (4768) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 rose 18.3% year-over-year to ¥315,541 million, with operating profit up 22.8% to ¥21,175 million and profit attributable to owners of parent up 24.1% to ¥14,491 million.

• Comprehensive income increased 32.7% year-over-year to ¥16,009 million.

Financial highlights

• Gross profit for Q1 2025 was ¥60,087 million, up from ¥53,583 million in Q1 2024.

• Basic earnings per share for Q1 2025 was ¥38.22, reflecting a two-for-one stock split.

• Total assets as of March 31, 2025 were ¥685,990 million, up from ¥673,903 million at the end of 2024.

• Net assets decreased to ¥360,697 million from ¥375,247 million at year-end 2024.

Outlook and guidance

• Full-year 2025 net sales forecast is ¥1,213,000 million, up 9.5% year-over-year.

• Operating profit is projected at ¥82,300 million (up 10.7%), and profit attributable to owners of parent at ¥55,000 million (up 2.8%).

• Basic earnings per share for the year is forecast at ¥145.04.