First Corporation (1430) Earnings: Operating Income Up 12.3% YoY to 2.89 Billion Yen

First Corporation (1430) announced its financial results, reporting that operating income rose 12.3% YoY to 2,896 million yen. Net sales were 36,417 million yen, down 15.7% year-on-year. Despite the decline in revenue, profitability improved significantly: ordinary income increased 8.5% to 2,689 million yen, and net income attributable to owners of the parent grew 12.8% to 1,882 million yen. The operating profit margin improved to 8.0%.

Examining the financial structure and cash flows, operating cash flow was -9.90 billion yen and investing cash flow was -0.027 billion yen, resulting in a free cash flow of -9.93 billion yen. The company maintains cash and cash equivalents of 2.62 billion yen. Profitability metrics remain strong, with a return on assets (ROA) of 9.4% and a return on equity (ROE) of 18.0%, demonstrating efficient capital management.