Galilei's FY2025 sales surge, profits squeezed by costs

Galilei, a leading refrigeration equipment manufacturer, announced strong revenue growth for the fiscal year ending March 2025, with sales reaching JPY 130.639 billion, a 12.8% increase year-over-year. Operating profit rose to JPY 16.572 billion, an 8.3% increase. However, net profit attributable to the parent company decreased slightly to JPY 12.008 billion, down 2.4%, due to increased corporate taxes.