Kandenko Co., Ltd. (1942) Earnings: Operating Income Up 12.8% YoY to 19.7 Billion Yen

Kandenko Co., Ltd. (1942) has released its latest financial results, reporting net sales of 158,043 million yen, a 4.5% decrease compared to the same period of the previous year. Operating income rose 12.8% year-on-year to 19,719 million yen, while ordinary income increased 12.5% to 20,537 million yen, and net income attributable to owners of the parent grew 4.2% to 13,185 million yen. From a financial and valuation perspective, the company maintains a robust equity ratio of 64.5%. Interest-bearing debt stands at a modest 11.71 billion yen, while retained earnings reach an impressive 366.81 billion yen, highlighting a solid financial foundation. Regarding profitability and efficiency metrics, the return on equity (ROE) is recorded at 3.91%, the return on assets (ROA) at 2.31%, and EBITDA at 19.72 billion yen. Earnings per share (EPS) for the period is 66.25 yen.