Hirakawa Hewtech (5821) Earnings: Operating Income Surges 72.6% to 1,335 Million Yen with Doubled Ordinary Income

Hirakawa Hewtech (5821) has released its financial results, reporting net sales of 12,443 million yen, a significant increase of 52.7% year-over-year. Profitability showed strong growth as well, with operating income surging 72.6% year-over-year to 1,335 million yen, and ordinary income more than doubling with a 121.5% increase to 1,448 million yen. Net income attributable to owners of the parent reached 1,019 million yen (up 7.7% YoY), while comprehensive income jumped 452.5% to 2,373 million yen, highlighting robust overall earnings performance. From a financial and valuation perspective, the company maintains a high equity ratio of 75.3%, demonstrating exceptional financial stability. Retained earnings stand at a substantial 32.20 billion yen, providing an adequate buffer against interest-bearing debt of 4.78 billion yen. With an EBITDA of 4.42 billion yen, an ROE of 5.22%, and an ROA of 3.01%, Hirakawa Hewtech continues to sustain balanced business operations backed by a solid financial foundation.