TORIDOLL (3397) investor relations material

Executive summary

• Q1 FY3/27 revenue reached ¥72,318 million, a record high for the first quarter, up 3.5% year-over-year.

• Business profit declined 9.3% year-over-year to ¥5,776 million due to rising labor and other costs.

• Operating profit dropped 34.3% year-over-year to ¥5,294 million, impacted by one-off restructuring costs and asset retirements.

• Profit attributable to owners of the parent decreased 31.0% year-over-year to ¥3,031 million, mainly due to the absence of prior year one-time gains.

• Comprehensive income for the period rose to ¥4,322 million, up from ¥1,965 million a year earlier.

Financial highlights

• Revenue: ¥72,318 million (+3.5% YoY); Business profit: ¥5,776 million (−9.3% YoY); Operating profit: ¥5,294 million (−34.3% YoY); Net profit: ¥3,031 million (−31.0% YoY).

• EBITDA was ¥13,384 million, down 2.4% year-over-year; adjusted EBITDA was ¥13,582 million, down 1.6%.

• Gross profit increased to ¥54,928 million from ¥53,105 million year-over-year.

• Earnings per share (basic) fell to ¥33.25 from ¥49.04 year-over-year.

• Cost of sales and SG&A increased 3.8% and 5.2% YoY, respectively.

Outlook and guidance

• Full-year revenue forecast: ¥287,000 million (+3.0% YoY); Business profit: ¥22,000 million (+2.5% YoY); Operating profit: ¥17,000 million (+60.7% YoY); Net profit: ¥7,000 million (+202.9% YoY).

• Segment forecasts: Marugame Seimen revenue to grow 6.4% YoY, Other Domestic +8.5%, Overseas −3.8%.

• No revision to the full-year forecast as results are progressing in line with plan.

• Dividend forecast for the year is ¥12.00 per share.