FY2025 First Quarter Financial Results July 28, 2025 MARUWA Co., LTD.（5344）
Disclaimer
This material is not aimed at recommending any investment.
There are forward-looking statements based on current assumptions. Actual results may differ by changes of the environment.
FY2025 1Q(Apr.~Jun.) Increase/Decrease from last year | FY2024 1Q(Apr.~Jun.) | ||
Net sales | 17,256 | ＋6.2% | 16,243 |
Operating profit | 6,002 | ＋6.4% | 5,640 |
Ordinary profit | 5,722 | △7.4% | 6,181 |
Net profit | 3,878 | △13.9% | 4,502 |
（Unit: Million; Currency: YEN）
Revenue and operating profit reached record highs for a first quarter.
Performance was driven by demand for next-generation high-speed communication in the telecommunication related business.
25,000
FY22
FY23
FY24
FY25
50%
20,000 40%
15,000 30%
10,000 20%
5,000 10%
0
FY22 1Q 2Q 3Q 4Q FY23 1Q 2Q 3Q 4Q FY24 1Q 2Q 3Q 4Q0%
FY25 1Q Net sales Operating profit Operating profit % 13,954 4,749 34.0% 15,714 5,866 37.3% 14,908 5,423 36.4% 14,227 4,102 28.8% 12,722 3,530 27.7% 15,341 5,118 33.4% 16,962 5,744 33.9% 16,537 5,408 32.7% 16,243 5,640 34.7% 18,579 7,148 38.5% 18,319 6,944 37.9% 18,708 7,179 38.4% 17,256 6,002 34.8%（Unit: Million; Currency: YEN）
- Sales amount by market
- By market
11.7%
13.6% 35.8% 15.4% 23.5%FY2024 1Q
Tele-communication：Business related to next-generation high-speed communication expanded. Automobile：Inventory adjustments are underway on the customer side, especially for new energy vehicles. Recovery expected in the second half. Semiconductor：Strong demand for generative AI, but weakness in general-purpose memory due to market conditions. | |||
FY2025 1Q(Apr.~Jun.) YoY | FY2024 1Q | ||
Telecommunication | 74 | ＋28% | 58 |
Automobile | 35 | △9% | 38 |
Semiconductor | 22 | △12% | 25 |
Industrial equipment | 22 | ±0% | 22 |
Lighting | 20 | ＋5% | 19 |
FY2025 1Q
11.6%
12.7% 12.7% 20.2% 42.8%※ The above figures are preliminary. Amounts are rounded to the nearest 100 million. （Unit: 100 million; Currency: YEN）
No change to the initial outlook. Market conditions will be closely monitored amid ongoing economic uncertainty.
FY total YoY | 1H YoY | 2H YoY | ||||
Net sales | 76,800 | ＋6.9% | 34,900 | ＋0.2% | 41,900 | ＋13.2% |
Operating profit | 28,800 | ＋7.0% | 12,800 | ＋0.1% | 16,000 | ＋13.3% |
Operating profit % | 37.5% | - | 36.7% | - | 38.2% | - |
（Unit: Million; Currency: YEN）
※Exchange assumption: 1 dollar = 144 yen
※Regarding "Ordinary income" and "Profit attributable to owners of parent", they are expected to fluctuate mainly due to foreign exchange factors.
Therefore, we have omitted to describe forecasts due to the uncertainty of exchange rate trends at this time.