SRA Holdings (3817) Q1 2025 earnings summary

Executive summary

• Consolidated net sales for Q1 FY2025 rose 10.5% year-over-year to ¥11,822 million, with operating profit up 18.4% to ¥1,609 million and net profit attributable to owners up 12.6% to ¥1,617 million.

• Non-consolidated net sales increased 5.9% year-over-year to ¥5,469 million, with operating profit up 26.0% to ¥892 million and net profit up 68.1% to ¥2,484 million.

• Comprehensive income for Q1 FY2025 was ¥949 million, down 43.6% year-over-year.

Financial highlights

• Gross profit margin remained stable at 24.9% (consolidated), while operating margin improved to 13.6%.

• Ordinary profit increased 7.9% year-over-year to ¥2,528 million in Q1 FY2025.

• EPS increased to ¥128.39 from ¥115.68 year-over-year.

• Total assets (consolidated) grew 7.7% year-over-year to ¥44,361 million.

• Shareholders' equity ratio improved to 64.6% from 61.6% at the end of FY2024.

Outlook and guidance

• Orders received rose 14.4% year-over-year to ¥12,540 million, and order backlog increased 15.7% to ¥15,893 million, indicating strong demand for upcoming quarters.

• FY2025 net sales forecast at ¥49,500 million, up 5.0% year-over-year.

• Operating profit projected at ¥7,300 million (up 5.7%), ordinary profit at ¥7,350 million (down 14.3%), and profit attributable to owners at ¥4,600 million (up 0.3%).

• Full-year EPS forecast is ¥365.02.

• No revision to the consolidated results forecast this quarter.