Nippon Felt (3512) Earnings: Operating Profit Down 28.2% YoY, While Net Income Surges 59.9% to 269 Million Yen

Nippon Felt (3512) has released its financial results, reporting net sales of 2,241 million yen, a decrease of 4.4% year-on-year. On the profit front, operating profit decreased by 28.2% to 84 million yen. However, ordinary profit increased by 16.1% to 284 million yen, and net income attributable to owners of the parent surged by 59.9% to 269 million yen. Earnings per share (EPS) stood at 15.81 yen.

From a financial structure and valuation perspective, the company maintains a high equity ratio of 78.9%, demonstrating exceptional stability. Retained earnings stand at 12.52 billion yen against interest-bearing debt of 0.8 billion yen, reflecting a very solid financial foundation. Regarding profitability metrics, ROE was recorded at 1.77% and ROA at 1.00%. The results highlight a resilient balance sheet supported by strong internal reserves.