Sumitomo Bakelite (4203) Q1 2025 earnings summary

Executive summary

• Revenue increased 1.3% year-over-year to ¥77.7 billion in 1Q FY2025, driven by strong semiconductor demand despite weak overseas automotive components sales.

• Business profit rose 13.9% year-over-year to ¥9.0 billion, aided by cost structure improvements and a shift to high-value-added products.

• Operating profit increased 5.2% to ¥8.6 billion.

• Profit attributable to owners of parent grew 6.4% year-over-year to ¥7.4 billion; basic EPS was ¥84.99, up from ¥75.16.

Financial highlights

• Revenue: ¥77.7 billion (up ¥1.0 billion year-over-year).

• Business profit: ¥9.0 billion (up ¥1.1 billion, 13.9% year-over-year).

• Operating profit: ¥8.6 billion (up ¥0.4 billion, 5.2% year-over-year).

• Profit attributable to owners: ¥7.4 billion (up ¥0.4 billion, 6.4% year-over-year).

• Total assets reached ¥424,964 million, up ¥7,186 million from March 2025.

Outlook and guidance

• FY2025 revenue forecast at ¥310.0 billion, up 1.7% from FY2024.

• Business profit forecast at ¥32.5 billion, up 5.4% year-over-year.

• Profit attributable to owners forecast at ¥23.5 billion, up 21.9%; basic EPS forecast at ¥268.16.

• No change in guidance since May 12, 2025.