Nippon Kogyo (5279) Earnings: Operating Income Decreases 37.1% YoY to 22 Million Yen

Nippon Kogyo (5279) has released its financial results, reporting net sales of 3.09 billion yen, representing a slight increase of 1.0% compared to the same period of the previous year. However, profit figures experienced declines, with operating income dropping 37.1% YoY to 22 million yen, ordinary income decreasing 18.2% YoY to 42 million yen, and net income attributable to owners of the parent falling 28.8% YoY to 19 million yen. Conversely, comprehensive income surged significantly by 501.5% YoY to 96 million yen. Regarding the financial standing, the equity ratio stands at a stable 53.1%, with retained earnings reaching 3.94 billion yen. Interest-bearing debt was recorded at 3.37 billion yen, while Return on Equity (ROE) came in at 0.25%, Return on Assets (ROA) at 0.12%, and earnings per share (EPS) at 6.84 yen.