Nippon Tungsten (6998) Earnings: Operating Profit Surges 207.5% to 632 Million Yen, Net Income Up 207.0%

Nippon Tungsten (6998) has released its financial results, reporting an operating profit of 632 million yen, which represents a substantial 207.5% surge compared to the same period last year. Net sales reached 4,200,000,000 yen (a 34.0% increase year-on-year) and ordinary profit was 794,000,000 yen (+195.4% YoY). Profit attributable to owners of parent rose 207.0% to 556,000,000 yen. Comprehensive income also expanded significantly by 448.9% to 674,000,000 yen, with earnings per share (EPS) recorded at 114.58 yen.

From a financial and valuation perspective, the company maintains a robust equity ratio of 70.3%, reflecting a sound balance sheet structure. Retained earnings stand at 7.70 billion yen, comfortably exceeding interest-bearing debt of 2.47 billion yen. In terms of profitability metrics, Return on Equity (ROE) is 2.31%, Return on Assets (ROA) is 1.43%, and EBITDA stands at 1.39 billion yen. Overall, the results demonstrate strong earnings growth supported by a solid financial foundation.