Horiba ( (HRIBF) ) has released its Q4 earnings. Here is a breakdown of the information Horiba presented to its investors.
Horiba Ltd. is a global leader in the production and sale of measuring instruments and systems, primarily serving industries such as automotive, semiconductor, environmental, medical, and scientific research.
The company recently reported its financial results for the year ending December 31, 2024, showcasing a notable increase in net sales and a slight rise in operating income, despite a decline in net income attributable to shareholders.
For the fiscal year 2024, Horiba achieved net sales of ¥317,369 million, a 9.2% increase from the previous year. The operating income rose by 2.2% to ¥48,340 million, while the operating income ratio decreased slightly. Despite these positive numbers, the net income attributable to Horiba’s shareholders dropped by 16.7%, reflecting some challenges in profitability.
Segment-wise, the automotive and semiconductor divisions posted strong sales growth, whereas the process & environmental and scientific segments faced some declines in operating income. The company also reported increased capital expenditures and R&D expenses, indicating a focus on future growth and innovation.
Looking ahead, Horiba’s management is optimistic about continued growth and has set ambitious targets for 2025, with expectations for further increases in net sales and operating income, driven by strategic segmentation changes and ongoing investments in new technologies.