Creek & River FY25 net sales rise slightly, profit declines

Creek & River Co., Ltd. (TSE:4763) announced its consolidated financial results for the fiscal year ended February 28, 2025, revealing a mixed performance. Net sales edged up by 1.0% to JPY 50,275 million compared to JPY 49,799 million in the previous year. However, operating profit saw a decrease of 11.9%, falling to JPY 3,614 million. Ordinary profit also declined by 10.7% to JPY 3,694 million. Profit attributable to owners of the parent decreased by 15.3% to JPY 2,251 million. Basic earnings per share stood at JPY 105.45. The company forecasts net sales of JPY 60,000 million and operating profit of JPY 5,000 million for the fiscal year ending February 28, 2026. A year-end dividend of JPY 41.00 per share was declared and they are forecasting a JPY 45 dividend at year end for FY26.