Shinto Paint (4615) Earnings: Operating Profit Surges 160.2% YoY

Shinto Paint (4615) has released its financial results, reporting an operating profit increase of 160.2% year-on-year. Net sales reached JPY 5,205,000,000 (a 2.9% increase year-on-year), operating profit stood at JPY 81,000,000, ordinary profit at JPY 204,000,000 (a 136.6% increase), and net income attributable to owners of the parent at JPY 116,000,000. Earnings per share (EPS) stood at JPY 3.42, reflecting a substantial recovery in profitability alongside modest top-line growth.

From a financial and valuation perspective, the company maintains an equity ratio of 42.0%, with retained earnings at JPY 0.68 billion and interest-bearing debt at JPY 4.60 billion. The Return on Equity (ROE) is -15.64% and Return on Assets (ROA) is -1.90%, highlighting areas for future profitability enhancement. Meanwhile, EBITDA was recorded at JPY 0.11 billion, pointing to underlying cash-generation capabilities that support the company's financial structure.