Otsuka (4768) Q4 2024 earnings summary

Executive summary

• Net sales for FY2024 reached ¥1,107,668 million, up 13.3% year-over-year, with operating profit rising 18.1% to ¥74,360 million and profit attributable to owners of parent increasing 12.7% to ¥53,481 million.

• Comprehensive income for FY2024 was ¥54,087 million, a 12.5% increase from the previous year.

Financial highlights

• Gross profit increased to ¥224,471 million in FY2024 from ¥203,978 million in FY2023.

• Ordinary profit rose 17.7% year-over-year to ¥75,931 million.

• Basic earnings per share (EPS) was ¥141.04, calculated post-stock split.

• Total assets grew to ¥673,903 million as of December 31, 2024, from ¥561,805 million a year earlier.

• Cash and cash equivalents at year-end were ¥229,488 million.

Outlook and guidance

• FY2025 net sales are forecast at ¥1,213,000 million, a 9.5% increase year-over-year.

• Operating profit is projected to reach ¥82,300 million, up 10.7% from FY2024.

• Profit attributable to owners of parent is expected at ¥55,000 million, a 2.8% increase.

• Annual dividend forecast for FY2025 is ¥85.00 per share (post-stock split basis).