On the 6th, Musashi <7521> announced its consolidated financial results for the first quarter of the 2025 fiscal year (April-June 24), with sales revenue of 7.794 billion yen, down 10.4% year-on-year; operating profit of 0.297 billion yen, down 58.2% year-on-year; ordinary profit of 0.305 billion yen, down 58.3% year-on-year; and net profit attributable to shareholders of the parent company for the quarter fell 64.7% year-on-year to 0.179 billion yen.

Of information, printing, and industrial equipment, sales of information and industrial equipment, such as business filtration filters and industrial inspection equipment, went smoothly. The digitalization of text business also proceeded smoothly. Sales of printing system equipment declined due to poor sales of printing materials and low demand for equipment.

Of financial general-purpose and electoral system equipment, sales of financial general-purpose system equipment progressed smoothly by incorporating updated demand for currency processing equipment for financial institutions and the transportation industry due to new banknote issues. Sales of equipment such as voting paper delivery machines and voting paper reading classifiers for local elections such as the Tokyo Governor's election, as well as the sale of vote-counting systems, and system support services proceeded favorably.

Sales of paper and paper products, such as paperboard for medical and cosmetic paper containers, grew steadily. Sales of printing paper and information paper also proceeded generally smoothly.

Real estate rental and leasing businesses performed well.

For the full year of the 2025 fiscal year ending in March, sales revenue is planned to be 33.739 billion yen, up 1.8% from the previous year; operating profit is planned to be 0.79 billion yen, down 26.7% from the previous year; ordinary profit is planned to be 1.946 billion yen, up 73.3% from the previous year; and net income attributable to the parent company's shareholders is planned to be 1.439 billion yen, up 87.4% from the previous year, based on the initial plan.