Itoki Corp reports strong Q1 2025 earnings growth

Itoki Corporation released its consolidated financial results for the three months ended March 31, 2025, showcasing significant gains in profitability. Net sales increased by 4.5% to JPY42.744 billion, with operating profit surging by 22.9% to JPY7.422 billion. Ordinary profit also saw a notable rise of 21.7%, reaching JPY7.318 billion. Profit attributable to owners of the parent amounted to JPY4.916 billion, up 19.9% from the previous year's JPY4.101 billion. The company reported basic earnings per share of JPY99.92. Itoki forecasts full-year net sales of JPY145 billion, with operating and ordinary profits both projected at JPY11.5 billion. Profit attributable to owners of the parent is estimated at JPY8 billion, resulting in earnings per share of JPY162.59. The company plans to increase the year-end dividend forecast to JPY65.00 per share.