RIX CORPORATION (7525) Q1 2025 earnings summary

Executive summary

• Net sales rose 8.2% year-over-year to ¥12,362 million for the quarter ended June 30, 2024, with operating profit up 6.0% to ¥791 million and ordinary profit up 1.0% to ¥987 million, while profit attributable to owners fell 17.4% to ¥574 million.

• Comprehensive income dropped 27.0% year-over-year to ¥723 million.

• The company is executing its three-year medium-term plan "GP2026" amid mixed global and domestic economic trends.

Financial highlights

• Gross profit increased to ¥3,120 million from ¥2,936 million year-over-year.

• Basic earnings per share declined to ¥71.07 from ¥86.16 year-over-year.

• Total assets decreased 1.1% from March 31, 2024, to ¥40,665 million; net assets rose 0.6% to ¥24,220 million.

• Equity ratio improved to 58.3% from 57.4% at the previous fiscal year-end.

Outlook and guidance

• Full-year net sales forecast at ¥51,000 million (up 2.5% year-over-year), operating profit at ¥3,300 million (down 6.9%), and profit attributable to owners at ¥2,300 million (down 17.3%).

• No revisions to the financial results forecast as of the reporting date.

• Dividend forecast for FY2025 is ¥113 per share, up from ¥71 per share in FY2024.