Toyo Wharf & Warehouse Co., Ltd. (9351) Earnings: Operating Profit Down 3.0% YoY to 439 Million Yen with Increased Revenue

Toyo Wharf & Warehouse Co., Ltd. (9351) has reported its latest financial results, with operating profit decreasing by 3.0% YoY to 439 million yen. Operating revenue for the period was 9,622 million yen, representing a 2.2% increase compared to the same period of the previous year. On the profit front, ordinary profit declined by 9.2% to 590 million yen, and net income attributable to owners of the parent fell by 8.4% to 377 million yen. Meanwhile, comprehensive income expanded significantly by 149.5% YoY to 1,342 million yen.

From a financial and valuation perspective, the company maintains an equity ratio of 54.6%, retained earnings of 10.70 billion yen, and interest-bearing debt of 16.73 billion yen. The core earning capacity remains stable, backed by an EBITDA of 1.50 billion yen. Return on Equity (ROE) stands at 6.44% and Return on Assets (ROA) is 0.70%, highlighting capital efficiency as the company navigates the current business environment.