Murakami (7292) Q1 2025 earnings summary

Executive summary

• Revenue increased 4.4% year-over-year to ¥25,411 million, driven by strong North American sales despite declines in Japan and parts of Asia.

• Operating income rose 1.7% year-over-year to ¥1,764 million, with net income attributable to shareholders up 23.1% to ¥1,447 million.

• North America saw significant growth, offsetting declines in Japan due to auto manufacturer certification issues.

Financial highlights

• Revenue: ¥25,411 million (+4.4% YoY); Operating income: ¥1,764 million (+1.7% YoY); Ordinary income: ¥2,197 million (+8.5% YoY); Net income attributable to shareholders: ¥1,447 million (+23.1% YoY).

• Comprehensive income: ¥3,186 million (+15.9% YoY).

• EPS: ¥125.16 (vs. ¥96.68 YoY).

Outlook and guidance

• Full-year revenue forecast: ¥111,400 million (+6.5% YoY); Operating income: ¥8,400 million (+0.8% YoY); Net income: ¥6,000 million (+1.9% YoY); EPS: ¥503.18.

• No changes to previously announced guidance; future revisions will be announced if necessary.