Supplementary Information for the First Quarter of FY2025
Agenda
⋄ Results for the First Quarter of FY2025 Financial Highlights
⋄ Forecast for the fiscal year ending March 31, 2026
⋄ Shareholder Returns & Topics
July 30, 2025
1
Investor Relations, Corporate Planning Section
Sales declined 1.7% and operating income fell 19.8% from the same period last year, mainly due to a stronger yen and higher company‐wide expenses.
(Yen, millions)
FY2024 1Q | FY2025 1Q | Inc / Dec | |||
Amount | % | ||||
Net sales | 66,455 | 65,317 | ‐ 1,137 | ‐1.7% | |
Operating income | 4,089 | 3,280 | ‐ 809 | ‐19.8% | |
％ | 6.2% | 5.0% | |||
Ordinary income | 6,058 | 4,354 | ‐ 1,704 | ‐28.1% | |
Net income | 6,383 | 4,496 | ‐ 1,886 | ‐29.6% | |
Exchange rates (USD) | 155.85 | 144.60 | |||
(EUR) | 167.85 | 163.82 | |||
(RMB) | 20.63 | 20.94 | |||
Motion control and mobility businesses: increased sales and operating income Chain business: sales declined due to FX, profits impacted by Trump tariffs. Material handling: sales and profits declined due to weaker sales in the Americas.
(Yen, millions)
Chain | Sales*1 | Operating income | ||||
FY2024 FY2025 1Q 1Q | Inc / Dec YOY ‐1.2% | FY2024 1Q 3,849 | FY2025 1Q | Inc / Dec YOY ‐16.2% | ||
24,076 | 23,778 | 3,227 | ||||
Motion Control | 5,495 | 5,958 | ＋ 8.4% | 3 | 114 | ＋ 3698.1% |
Mobility | 21,883 | 22,360 | ＋ 2.2% | 1,518 | 2,096 | ＋ 38.0% |
Materials Handling | 14,961 | 13,170 | ‐12.0% | (558) | (634) | - |
Other*2 | 777 | 806 | ＋ 3.6% | (197) | (179) | - |
Adjust | (738) | (756) | - | (526) | (1,344) | - |
All | 66,455 | 65,317 | ‐1.7% | 4,089 | 3,280 | ‐19.8% |
Net sales include intersegment sales and transfers.
"Other" is not a reportable segment.
Unchanged from May 14 forecast.
We expect sales to increase 3.9% YOY and operating income to decrease 5.9%.
(Yen, millions)
FY2024 ACT | 1H | FY2025 forecast 2H | Full year | YOY Inc / Dec | ||
Net sales | 279,193 | 140,000 | 150,000 | 290,000 | ＋ 3.9% | |
Operating income | 22,854 | 9,500 | 12,000 | 21,500 | ‐5.9% | |
％ | 8.2% | 6.8% | 8.0% | 7.4% | ||
Ordinary income | 25,332 | 10,000 | 13,000 | 23,000 | ‐9.2% | |
Net income | 22,122 | 10,000 | 10,000 | 20,000 | ‐9.6% | |
Exchange rates (USD) | 152.62円 | 141.15円 | ||||
(EUR) | 163.87円 | 160.96円 | ||||
(RMB) | 21.03円 | 19.87円 | ||||
No change in segment forecasts from the previous outlook.
Sales are planned to increase in all businesses (excluding "Others").
（yem, millions）
Chain | Sales *1 | Operating Income | ||||||||
FY2024 Actual 96,277 | 1H | FY2025 FCT 2H | Full year | Inc / Dec YOY ＋ 2.3% | FY2024 Actual 15,585 | 1H | FY2025 FCT 2H | Full year | Inc / Dec YOY ‐ 3.8% | |
48,000 | 50,500 | 98,500 | 7,000 | 8,000 | 15,000 | |||||
Motion Control | 23,387 | 12,000 | 12,500 | 24,500 | ＋ 4.8% | 770 | 400 | 600 | 1,000 | ＋ 29.9% |
Mobility | 91,193 | 45,000 | 47,000 | 92,000 | ＋ 0.9% | 8,287 | 3,900 | 4,000 | 7,900 | ‐ 4.7% |
Materials Handling | 68,313 | 35,000 | 40,000 | 75,000 | ＋ 9.8% | 1,247 | 700 | 1,700 | 2,400 | ＋ 92.4% |
Other*2 | 3,547 | 1,600 | 1,700 | 3,300 | ‐ 7.0% | (833) | (600) | (300) | (900) | - |
Adjust | (3,525) | (1,600) | (1,700) | (3,300) | - | (2,203) | (1,900) | (2,000) | (3,900) | - |
All | 279,193 | 140,000 | 150,000 | 290,000 | ＋ 3.9% | 22,854 | 9,500 | 12,000 | 21,500 | ‐ 5.9% |
Net sales include intersegment sales and transfers.
5
"Other" is not a reportable segment.