Taihei Dengyo Kaisha (1968) Q1 2025 earnings summary

Executive summary

• Orders received surged 85.7% year-over-year to ¥47,651 million, with net sales up 11.8% to ¥30,080 million for the quarter ended June 30, 2024.

• Operating profit rose 224.0% year-over-year to ¥2,485 million, ordinary profit increased 121.9% to ¥3,313 million, and profit attributable to owners of parent grew 89.9% to ¥2,235 million.

• Comprehensive income reached ¥2,953 million, up 48.7% year-over-year.

Financial highlights

• Gross profit increased from ¥3,303 million to ¥5,277 million year-over-year.

• Basic earnings per share rose to ¥112.56 from ¥61.87 year-over-year.

• Total assets increased to ¥156,287 million from ¥153,023 million at the previous fiscal year-end.

• Net assets rose to ¥103,576 million, with an equity-to-asset ratio of 65.4%.

Outlook and guidance

• Full-year forecast remains unchanged: net sales of ¥139,000 million (+7.5% YoY), operating profit of ¥13,500 million (+34.3% YoY), ordinary profit of ¥14,200 million (+23.3% YoY), and profit attributable to owners of parent of ¥9,500 million (+13.2% YoY).

• Basic earnings per share for the year forecast at ¥490.30.