Teikoku (6333) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended June 30, 2024, were ¥6,940 million, up 0.9% year-over-year.

• Operating profit rose 12.1% year-over-year to ¥1,290 million.

• Ordinary profit increased 15.2% year-over-year to ¥1,613 million.

• Profit attributable to owners of parent declined 7.5% year-over-year to ¥819 million.

Financial highlights

• Gross profit for the quarter was ¥3,141 million, up from ¥2,813 million year-over-year.

• Operating margin improved as operating profit increased faster than sales.

• Earnings per share for the quarter were ¥46.56, compared to ¥48.88 a year earlier.

• Comprehensive income rose to ¥1,457 million from ¥1,266 million year-over-year.

Outlook and guidance

• Full-year net sales forecast is ¥29,580 million, up 1.2% year-over-year.

• Operating profit for the full year is projected at ¥4,750 million, down 2.7% year-over-year.

• Profit attributable to owners of parent is forecast at ¥2,870 million, down 8.9% year-over-year.

• Full-year EPS is expected to be ¥163.04.