Base Food (2936) Earnings Report: Revenue Rises +0.8% YoY to JPY 3,976 Million, Continues to Post Operating Loss

Base Food (2936) has released its financial results, reporting net sales up +0.8% YoY to JPY 3,976 million. However, the company posted an operating loss of JPY 180 million, an ordinary loss of JPY 183 million, and a net loss of JPY 226 million, reflecting a continuation of losses across all profit stages. Earnings per share (EPS) stood at JPY -4.24.

From a financial structure and valuation perspective, the equity ratio is 25.6%, indicating that careful attention should be paid to financial stability. Interest-bearing debt stands at JPY 430 million, with retained earnings at JPY 40 million. Regarding profitability metrics, return on equity (ROE) registered at -20.04%, return on assets (ROA) at -5.13%, and EBITDA at JPY -180 million. While top-line revenue showed modest growth, improving profitability and strengthening the financial base remain key areas of focus moving forward.