Toyoda Gosei (7282) Q1 2025 earnings summary

Executive summary

• Revenue rose 1.9% year-over-year to ¥264.3bn, driven by forex gains despite lower production in Japan and China.

• Operating profit increased 5.1% to ¥17.2bn, aided by rationalization and forex effects.

• Profit attributable to owners grew 1.9% to ¥11.8bn; ROE was 8.9%.

Financial highlights

• Revenue: ¥264.3bn (+1.9% YoY); Operating profit: ¥17.2bn (+5.1% YoY); Profit before tax: ¥18.3bn (+10.6% YoY).

• Gross profit was ¥39.2bn, up from ¥35.9bn a year earlier.

• Cash and equivalents increased to ¥160.8bn at quarter-end.

• Operating cash flow was ¥36.5bn; free cash flow at ¥20.6bn.

• Basic and diluted EPS were ¥93.20, up from ¥89.71 YoY.

Outlook and guidance

• Full-year forecasts unchanged: revenue expected at ¥1,050bn, operating profit at ¥53bn, profit attributable to owners at ¥37bn.

• Full-year dividend forecast raised to ¥105 per share.

• ROE forecast at 7.0%, TG-ROIC at 11.2%.