RIX CORPORATION (7525) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2025 were ¥12,340 million, down 0.2% year-over-year, with profits declining due to higher SG&A expenses, new R&D facility costs, head office relocation, and foreign exchange losses.

• Operating profit was ¥639 million (down 19.2%), ordinary profit ¥730 million (down 26.0%), and profit attributable to owners was ¥502 million (down 12.5%).

• Comprehensive income fell 39.9% year-on-year to ¥434 million.

Financial highlights

• Gross profit for the quarter was ¥3,168 million, up from ¥3,120 million year-on-year.

• Basic earnings per share for the quarter was ¥62.09, down from ¥71.07 year-on-year.

• Equity ratio as of June 30, 2025, was 60.9%, up from 58.2% at the end of March 2025.

• Total assets decreased 4.5% from the end of the previous fiscal year to ¥41,851 million.

• Depreciation for the quarter was ¥203.9 million, up from ¥113.9 million year-on-year.

Outlook and guidance

• FY2025 net sales forecast at ¥57.0 billion (+4.2%), operating profit at ¥3.99 billion (+2.8%), and profit attributable to owners at ¥2.85 billion (+0.3%).

• Ordinary profit expected to decline due to anticipated foreign exchange losses.

• Full-year Automobile segment sales and profit expected to recover to prior year levels from Q2 onward.

• Dividend forecast for the fiscal year ending March 31, 2026, is ¥146 per share.

• U.S. tariffs' impact not included in forecasts; close monitoring of customer capital investment trends planned.