Riken NPR <6209> announced its consolidated financial results for the first quarter of the fiscal year ending March 2025 (April-June 24). The revenue was 41.114 billion yen, operating profit was 2.651 billion yen, ordinary income was 3.93 billion yen, and net income attributable to the parent company's shareholder for the quarterly period was 2.454 billion yen. The company was established through the integration of Riken Corporation and Nippon Piston Ring Co., Ltd. on October 2, 2023, so the figures for the same period of the previous year and the year-on-year changes are not disclosed. However, compared to the combined figures of the previous year's same quarter for both companies, both revenue and profits have increased.
The revenue for the automobile and industrial machinery components business was 31.645 billion yen, with a segment profit of 2.426 billion yen.
The revenue for the piping and construction equipment business was 4.505 billion yen, with a segment profit of 0.247 billion yen.
The revenue from other sources was 5.473 billion yen, with a segment profit of 0.149 billion yen.
As for the full-year consolidated performance estimate for the fiscal year ending March 2025, the revenue is expected to be 171 billion yen, a 23.4% increase from the previous year, operating profit is expected to be 10.4 billion yen, an 18.7% increase, ordinary income is expected to be 12.7 billion yen, a 9.2% increase, and net income attributable to the parent company's shareholder is expected to be 8 billion yen, a 69.6% decrease, reflecting the initial plan. However, if the negative goodwill recorded in the fiscal year ending March 2024 is excluded, the net income attributable to the parent company's shareholder is expected to increase by 0.9 billion yen.