Aichi Electric (6623) Earnings Report: Operating Income Up 7.6% YoY to 2.65 Billion Yen

Aichi Electric (6623) has released its financial results, reporting net sales of 32,687 million yen, representing a 13.7% increase compared to the same period of the previous year. Operating income rose by 7.6% year-on-year to 2,651 million yen, while ordinary income grew by 9.4% to 2,775 million yen. Meanwhile, net income attributable to owners of the parent stood at 1,863 million yen, down 3.5% year-on-year, though comprehensive income surged significantly by 286.9% to 4,019 million yen.

From a financial and valuation perspective, the company maintains a solid equity ratio of 59.8%, reflecting a stable financial foundation. Retained earnings stand at a robust 73.12 billion yen, comfortably covering interest-bearing debt of 11.02 billion yen. The return on equity (ROE) is recorded at 2.38%, the return on assets (ROA) at 1.25%, and EBITDA at approximately 2.65 billion yen. With earnings per share (EPS) at 198.27 yen, the company demonstrates steady operational performance underpinned by a strong capital structure.