Unipres (5949) Q1 2025 earnings summary

Executive summary

• Q1 FY2024 net sales rose to ¥81,443 million, up 0.6% year-over-year, driven by favorable exchange rates.

• Operating profit increased to ¥3,215 million, up 11.9% year-over-year, due to cost savings.

• Net income attributable to owners of parent reached ¥1,656 million, up 30.0% year-over-year.

• Comprehensive income for Q1 FY2024 was ¥12,506 million, up 41.4% year-over-year.

Financial highlights

• Net sales: ¥81,443 million (+¥0.5 billion year-over-year).

• Operating profit: ¥3,215 million (+11.9% year-over-year).

• Ordinary profit: ¥4,152 million (+22.5% year-over-year).

• Net income per share for Q1 FY2024 was ¥37.17, compared to ¥30.34 in Q1 FY2023.

• Net assets increased to ¥183,791 million, with an equity ratio of 47.9%.

Outlook and guidance

• FY2024 net sales forecast to decrease to ¥330,000 million due to customer production reductions.

• Operating profit forecast to rise to ¥12,000 million, reflecting ongoing cost-saving measures.

• Net income attributable to owners projected at ¥5,500 million for FY2024.

• Annual dividend forecast is ¥60.00 per share.