Senshu Electric Co (9824) Q4 2024 earnings summary

Executive summary

• Net sales rose 9.0% year-over-year to ¥136,153 million for the year ended October 31, 2024, with operating profit up 23.7% to ¥10,349 million and profit attributable to owners of parent up 28.0% to ¥7,578 million.

• Comprehensive income increased 26.2% year-over-year to ¥8,226 million.

Financial highlights

• Gross profit increased to ¥21,145 million from ¥18,680 million year-over-year, with gross margin improvement.

• Earnings per share rose to ¥432.12 from ¥333.10 year-over-year.

• Cash and cash equivalents at year-end were ¥29,506 million, up from ¥27,654 million.

• Operating cash flow improved to ¥8,239 million from ¥6,940 million year-over-year.

Outlook and guidance

• Fiscal year 2025 forecast: net sales of ¥140,000 million (up 2.8%), operating profit of ¥11,000 million (up 6.3%), and profit attributable to owners of parent of ¥7,700 million (up 1.6%).

• EPS forecast for FY2025 is ¥444.01, reflecting treasury stock acquisition and cancellation.

• Dividend per share forecast for FY2025 is ¥140.00, up from ¥130.00 in FY2024.