Horiba's Q1 profit jumps 15.4%, revises full-year forecast down

HORIBA, Ltd. (TSE:6856) reported a 15.4% year-on-year increase in net income attributable to HORIBA Ltd.'s shareholders, reaching JPY8,113 million for the three months ended March 31, 2025. This was driven by a 2.3% rise in net sales to JPY71,877 million and a 17.4% surge in operating income to JPY11,755 million, primarily due to strong performance in the Materials & Semiconductor segment.