Riso Reports Lower Q1 Profit on Yen Appreciation

Riso Reports Lower Q1 Profit on Yen Appreciation

Riso Kagaku Corp. posted declines in sales and profit for the quarter ended June 30, 2025, as a stronger yen, softer domestic demand, and one-off losses outweighed contributions from its recently acquired inkjet head business.

Group net sales fell 6.0% year on year to JP¥18,282 million (US$124.29 million), while operating income dropped 23.1% to JP¥1,476 million (US$10.03 million). Ordinary income slid 38.5% to JP¥1,534 million (US$10.43 million), and profit attributable to owners of parent fell 48.9% to JP¥888 million (US$6.04 million).

The company cited the absence of front-loaded domestic orders seen a year earlier ahead of price revisions, as well as the yen’s appreciation. Average rates for the quarter were JP¥144.59 to the US dollar and JP¥163.80 to the euro. Riso also booked a JP¥95 million (US$0.65 million) foreign exchange loss, compared with a JP¥422 million gain in the prior year, and a JP¥101 million (US$0.69 million) loss on liquidation of subsidiaries and associates.

Its core Printing Equipment-Related Business — which now combines the existing printing equipment unit with the inkjet head operations acquired from Toshiba Tec in July 2024 — recorded net sales of JP¥17,887 million (US$121.53 million), down 5.7% year on year, and segment profit of JP¥1,413 million (US$9.61 million), down 22.5%. Domestic sales in the segment declined 12.3% to JP¥8,162 million (US$55.48 million), while overseas sales edged up 0.7% to JP¥9,725 million (US$66.09 million).

For financial forecasts for the entire fiscal year, Riso makes no revision to its previous forecasts released in May.

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