Marudai Food Co., Ltd. (2288) Earnings: Operating Income Down 33.4% YoY to 1.34 Billion Yen, Net Income Decreases by 28.5% YoY

Marudai Food Co., Ltd. (2288) announced its financial results, reporting that operating income dropped 33.4% YoY to 1,340 million yen. Net sales were 60,529 million yen, a 1.9% increase compared to the same period of the previous year, securing higher revenue. However, profit figures experienced a decline, with ordinary income decreasing 31.4% YoY to 1,389 million yen, and net income attributable to owners of the parent falling 28.5% YoY to 1,016 million yen. Comprehensive income also decreased by 75.7% YoY to 478 million yen. From a financial perspective, the company maintains a solid foundation with an equity ratio of 58.2%. Retained earnings stand at 41,340 million yen, and cash and cash equivalents are recorded at 8,380 million yen against interest-bearing debt of 14,880 million yen. Operating cash flow was -850 million yen and free cash flow was -2,540 million yen for the period. Despite the profit contraction and cash flow outlays, the company's high equity ratio and substantial internal reserves continue to support overall financial stability.