Meisei Industrial Co., Ltd. (1976) Earnings Report: Operating Profit Down 1.3% YoY to 1.08 Billion Yen, Net Income Up 6.8%

Meisei Industrial Co., Ltd. (1976) has released its financial results, reporting operating profit down 1.3% year-over-year to 1.08 billion yen (1.084 billion yen). Net sales were 13.11 billion yen (a 5.3% decrease year-over-year). Meanwhile, ordinary profit inched up 0.1% to 1.288 billion yen, and net income attributable to owners of the parent grew 6.8% to 856 million yen. Comprehensive income expanded significantly by 95.7% to 1.222 billion yen. From a financial stability perspective, the company maintains an exceptionally solid foundation with an equity ratio of 81.4%, minimal interest-bearing debt of 100 million yen, and retained earnings totaling 61.82 billion yen. Regarding profitability and efficiency, the return on equity (ROE) stands at 1.26%, return on assets (ROA) at 1.04%, and EBITDA at 1.08 billion yen.