Ifuji Sangyo (2924) Earnings Report: Operating Income Decreased by 37.9% YoY to 555 Million Yen

According to the latest financial data released by Ifuji Sangyo (2924), operating income for the period decreased by 37.9% year-on-year to 555 million yen. Net sales were 7.88 billion yen (down 4.2% YoY), ordinary income was 556 million yen (down 38.2% YoY), and net income attributable to owners of the parent was 379 million yen (down 39.8% YoY). Despite the decrease in revenue and profit, the company maintains a solid financial foundation with an ROE of 15.97% and an ROA of 10.58%. Regarding cash flows, operating cash flow recorded a positive 1.17 billion yen, while free cash flow was -1.08 billion yen. Backed by a strong capital structure and adequate liquidity, the company's future business developments and shareholder return policies remain in focus.