SHIMAMURA (8227) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 FY2/25 rose 4.7% year-over-year to ¥164,466 million, reaching a record high for a first quarter.

• Operating income increased slightly to ¥14,579 million, with a margin of 8.9%.

• Net income attributable to owners of parent rose 4.0% to ¥10,435 million.

• Growth was driven by brand evolution, influencer collaborations, and diversified sales promotions.

• Comprehensive income increased to ¥11,243 million from ¥10,447 million year-over-year.

Financial highlights

• Gross profit increased to ¥55,969 million (+4.2% YoY), gross margin 34.0%.

• Ordinary profit rose 2.8% YoY to ¥15,161 million.

• Net income per share: ¥141.97 (post stock split basis).

• Total assets grew to ¥554,030 million from ¥533,807 million at the previous fiscal year-end.

• Net assets increased to ¥477,169 million, with an equity ratio of 86.1%.

Outlook and guidance

• FY2/25 net sales forecast: ¥659,622 million (+3.9% YoY).

• Operating income forecast: ¥56,362 million (+3.4% YoY).

• Profit attributable to owners of parent expected to reach ¥40,194 million (+0.3% YoY).

• Annual dividend projected at ¥190 per share.

• SG&A expected to rise 4.8% YoY, mainly from higher personnel and renovation costs.