Heiwa Real Estate (8803) Earnings: Operating Profit Down 18.9% YoY to 2.787 Billion Yen

Heiwa Real Estate (8803) has released its financial results, reporting net sales of 11,021 million yen (a 16.0% decrease year-on-year), operating profit of 2,787 million yen (a 18.9% decrease), ordinary profit of 2,372 million yen (a 23.8% decrease), and net income attributable to owners of the parent of 1,618 million yen (a 28.3% decrease). Comprehensive income stood at 1,068 million yen (down 73.8% YoY), with earnings per share (EPS) at 24.5 yen.

Regarding the financial structure and valuation metrics, the equity ratio is 27.7%, with interest-bearing debt at 225.9 billion yen and retained earnings at 55.2 billion yen. Profitability indicators show a Return on Equity (ROE) of 1.85% and a Return on Assets (ROA) of 0.36%, alongside an EBITDA of 2.79 billion yen. While the results reflect a decline in profits compared to the previous year, the company's solid internal reserves and asset backing continue to provide a foundation for ongoing market evaluation.