Seiren (3569) Q1 2025 earnings summary

Executive summary

• Net sales rose 19.0% year-over-year to ¥38,686 million for the quarter ended June 30, 2024.

• Operating profit increased 41.5% year-over-year to ¥4,117 million.

• Profit attributable to owners of parent grew 12.3% year-over-year to ¥3,505 million.

• Comprehensive income surged 34.0% year-over-year to ¥6,792 million.

Financial highlights

• Gross profit improved to ¥10,400 million from ¥8,691 million year-over-year.

• Ordinary profit rose 16.2% year-over-year to ¥4,616 million.

• Basic earnings per share increased to ¥63.51 from ¥58.27 year-over-year.

• Total assets reached ¥189,520 million as of June 30, 2024, up from ¥187,458 million at March 31, 2024.

• Net assets increased to ¥129,521 million, with an equity ratio of 67.8%.

Outlook and guidance

• Full-year net sales forecast at ¥147,000 million, up 3.6% year-over-year.

• Operating profit projected at ¥15,500 million, up 10.2% year-over-year.

• Profit attributable to owners of parent forecast at ¥12,200 million, up 0.4% year-over-year.

• Annual dividend forecast raised to ¥60.00 per share.