Gendai Agency(2411) Earnings: Operating Income Decreased by 34.9% YoY to 137 Million Yen

Gendai Agency (2411) has released its financial results, reporting that operating income decreased by 34.9% YoY to 137 million yen. Net sales were 1,784 million yen, representing a 10.5% decrease compared to the same period of the previous year. Ordinary income stood at 137 million yen, a 34.6% decrease YoY. Profit attributable to owners of parent was 89 million yen, down 35.7% YoY, with comprehensive income at 89 million yen (a 36.4% decrease) and basic earnings per share at 8.15 yen. Despite the contraction in revenue and profit, the company maintains a robust financial foundation. The equity ratio stands high at 75.9%, and retained earnings have reached 3.55 billion yen against interest-bearing debt of 0.28 billion yen. In terms of profitability metrics, return on equity (ROE) is recorded at 2.31%, return on assets (ROA) at 1.76%, and EBITDA at 140 million yen, highlighting solid financial stability amid challenging performance metrics.