*Disclaimer:
This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Securities Code: 9474
Financial Results for Fiscal 2025
May 27, 2025
Results for Fiscal 2025 Table of Contents
Appendix
２． Medium- to Long-Term Management Plan
（ZENRIN GROWTH PLAN 2030）
１． Summary of Results for Fiscal 2025
*Note:
This document contains forward-looking statements based on assumptions, forecasts and plans in light of information available to ZENRIN Co., Ltd. as of the preparation date of this document. Actual performance may vary significantly from the forecast figures due to various risks and uncertainties owing to global economic trends, market demand, status of competition, exchange fluctuations and other factors.
The information that appears in this document rounds down fractions to the nearest specified unit and rounds off decimals in the percentage of change to the first decimal place.
In addition, cases where the percentage of change exceeds 1000% and cases where one or both of the items of comparison are negative are shown as "-."
Results for Fiscal 2025 Table of Contents１．Summary of Results for Fiscal 2025
１) Summary of Financial Results
2) Changes in Net Sales, Income and Profit
３) Changes in Sales by Business
４) Causes for Change in Operating Income [Sales / Cost]
５) Sales-increasing Effect of Price Revisions
６) Changes in Cash Flows
７) Shareholder Returns
Results for Fiscal 2025 １) Summary of Financial ResultsThe automotive-related business increased as sales of data for in-car navigation systems grew.(Including some one-time factors)
In the IoT-related business, API services and solution services also performed steadily.
While personnel expenses increased due to the impact of base salary increases and other factors, profit increased due to the effect of price revisions in addition to changes in the composition of sales.
Key Points of Results for Fiscal 2025
(
Sales increased for two consecutive fiscal years, reaching a record high.
Operating income also increased for two consecutive fiscal years.
)
mounts in million yen) | ① previous year （FY2024） | Current year（FY2025） | |||||
② forecast | ③ Actual | Comp to previous year | Comp to forecast | ||||
（③－①） | % of Change | （③－②） | % of Change | ||||
Net Sales | 61,335 | 64,300 | 64,363 | ＋3,028 | ＋4.9% | ＋63 | ＋0.1％ |
Operating Expenses | 59,353 | 60,700 | 60,440 | ＋1,086 | ＋1.8% | △259 | △0.4％ |
Operating Income （Operating Margin） | 1,981 3.2％ | 3,600 5.6% | 3,923 6.1％ | ＋1,941 +2.9pt | ＋98.0% - | ＋323 +0.5ｐｔ | ＋9.0％ - |
Ordinary Income | 2,060 | 3,700 | 3,936 | ＋1,875 | ＋91.0% | ＋236 | ＋6.4％ |
Profit Attributable to Owners of Parent | 2,078 | 2,500 | 2,606 | ＋528 | ＋25.4% | ＋106 | ＋4.3％ |
ROE （Return On Equity） | 4.4% | 5.0% | 5.3% | ＋0.9pt | - | ＋0.3pt | - |
(A
Results for Fiscal 2025 ２) Changes in Net Sales, Income and Profit2 consecutive fiscal years of increased profits, don't reach the profit recorded in FY2019
Record high over FY2019
63,747
(Amounts in million yen)
70,000
8,000
58,933
61,335
64,363
7,000
6,000
（Cost increase factors）
8,00
7,00
6,00
5,00
4,00
3,00
2,00
1,00
8,00
7,00
6,00
5,00
4,00
3,00
2,00
1,00
0
0
0
0
0
0
0
0
0
5,824
6,200
Amortization expenses related to initial investments
Increase in personnel expenses due to base salary increases, etc
59,771
57,225
59,053
3,923
3,709
3,936
60,000
3,658
5,000
Z
3,300
2,670
3,044
3,206
2,633
2,770
2,606
4,000
1,436
1,799
1,981
1,683
2,104
2,060
2,078
3,000
1,248
50,000
2,000
19/3
20/3
21/3
22/3
23/3
19/3
20/3
21/3
22/3
23/3
24/3
25/3
19/3
20/3
21/3
22/3
23/3
24/3
25/3
19/3
20/3
21/3
22/3
23/3
24/3
25/3
40,000
G P25
1,000
24/3
25/3
0
ZGP25
Net Sales Operating Income Ordinary Income Profit Attributable to Owners of ParentCompared to FY24 (% of Changes)
Increase of 3,028 million yen
(+4.9%)
Increase of 1,941 million yen
(+98.0%)
Increase of 1,875 million yen
(+91.0%)
Increase of 528 million yen
(+25.4%)
Increase in sales
for 2 consecutive fiscal years
Increase in profit
for 2 consecutive fiscal years
Increase in profit for the first time in 3 fiscal years
*the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. have been applied from the beginning of the first quarter of fiscal 2022.
*Regarding figures for the previous fiscal year (fiscal 2021) and earlier, the increase (decrease) and rates (%) are reference values because the Accounting Standard for Revenue Recognition, etc. are not applied retrospectively (same as the next page and after).
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