Amano (6436) Q1 Earnings: Operating Profit Decreases 18.2% YoY to 2.24 Billion Yen, Net Income Down 39.4%

Amano (6436) released its financial results for the quarter, reporting an operating profit decrease of 18.2% year-on-year to 2.24 billion yen. Net sales were 39.02 billion yen (a slight decrease of 0.1% year-on-year), ordinary profit was 2.66 billion yen (down 12.2%), and net income attributable to owners of the parent was 819 million yen (down 39.4%). Despite the lower sales and profits, the company maintains a robust financial foundation with an equity ratio of 70.6%, highlighting a stable financial structure. Retained earnings stand at a solid 84.9 billion yen, while interest-bearing debt is kept low at 5.6 billion yen, ensuring a strong safety buffer. Operating cash flow stood at 6.57 billion yen, free cash flow at 2.95 billion yen, and cash and cash equivalents at 42.14 billion yen.