Daiken Medical (7775) Interim Earnings: Operating Income Decreased by 23.9% YoY to 214 Million Yen

Daiken Medical (7775) announced its interim financial results, reporting operating income of 214 million yen, down 23.9% year-on-year. Net sales were 2,439 million yen (down 2.3% year-on-year), ordinary income was 213 million yen (down 24.4% year-on-year), and net income was 167 million yen (down 22.3% year-on-year). Earnings per share (EPS) stood at 5.83 yen.

From a financial perspective, the company maintains a capital adequacy ratio of 68.6% and cash and cash equivalents of 2.78 billion yen. Operating cash flow was positive at 570 million yen, and free cash flow reached 240 million yen, with interest-bearing debt at 1.77 billion yen and retained earnings at 8.53 billion yen.