Cynthia ＜7782＞ announced consolidated financial results for the 1st quarter (January to March 24) of the fiscal year ending 2024/12 on the 15th. Net sales decreased 3.9% from the same period last year to 1,523 billion yen, operating profit fell 24.6% to 70 million yen, ordinary profit fell 34.7% to 77 million yen, and quarterly net profit attributable to parent company shareholders fell 58.2% to 34 million yen.
Sales in the contact lens business were 1,413 billion yen (down 10.0% from the same period last year), and segment profit was 132 million yen (down 5.8% from the same period last year). Regarding sales of the company's brand products, Clear Lens's “Cynthia One Day S” was 331 million yen (up 5.2% from the same period), the color lens “Cynthia One Day S Creche” was 81 million yen (up 40.3% from the same period), and the color lens “Cynthia 2 Week S Creche” was 173 million yen (up 16.6% from the same period). Sales of private brand products were 421 million yen (up 12.0% from the same period) for clear lenses and 63 million yen (down 80.4% from the same period) for color lenses.
Regarding the consulting business, sales were 0.15 million yen (same period last year was 0.15 billion yen), and segment profit was 0.07 billion yen (up 100.5% from the same period last year). It is due to operation management support for medical hair removal clinics operated by the medical corporation Ryokufukai, which received a business transfer at the end of 2022.
Regarding the systems business, sales were 94 million yen, and segment profit was 0.07 billion yen. In the future, 51% of the shares of Talos Systems, a leading POS system company for the reuse industry, which is expected to grow due to heightened market needs, were acquired through M&A in 2023/11. Furthermore, in 2024/3, 49% of the company's unacquired shares was additionally acquired and made a wholly owned subsidiary.
For the full fiscal year ending 2024/12, the initial plan has been left unchanged, with sales rising 6.6% from the previous fiscal year to 6.353 billion yen, operating profit up 2.5% to 386 million yen, ordinary profit down 16.1% to 374 million yen, and net income attributable to parent company shareholders falling 16.6% to 246 million yen.