Watahan & Co., Ltd. (3199) Latest Earnings: Operating Profit Down 7.5% YoY to 631 Million Yen

Watahan & Co., Ltd. (3199) has released its latest financial results, reporting net sales of 32,524 million yen, a slight increase of 0.3% compared to the same period of the previous year. However, profit figures showed a decline: operating profit decreased by 7.5% year-on-year to 631 million yen, ordinary profit fell 13.1% to 706 million yen, and net income attributable to owners of the parent dropped 26.8% to 472 million yen. Comprehensive income was recorded at 561 million yen (down 19.1% year-on-year), with earnings per share (EPS) of 25.27 yen.

Examining the financial structure and key indicators, the equity-to-asset ratio stands at 29.6%, with retained earnings accumulated at 23.0 billion yen, alongside interest-bearing debt of 30.28 billion yen. In terms of profitability, return on equity (ROE) is 2.07%, return on assets (ROA) is 0.58%, and EBITDA stands at 630 million yen. While top-line revenue remains stable, market participants continue to monitor profit margin trends, financial soundness, and future strategies for earnings recovery.