Hardoff Corporation (2674) Earnings: Operating Profit Up 34.4% YoY to 1.058 Billion Yen, Net Income Surges 167.8%

Hardoff Corporation (2674) announced its latest financial results, reporting net sales of 11.251 billion yen (a 30.0% increase year-on-year) and operating profit of 1.058 billion yen (a 34.4% increase). Ordinary profit also grew by 26.7% to 1.061 billion yen. Notably, net income attributable to owners of the parent surged by 167.8% year-on-year to 1.456 billion yen, while comprehensive income expanded by 109.1% to 848 million yen.

From a financial and valuation perspective, the company maintains a solid capital structure with an equity-to-asset ratio of 62.1%. Retained earnings stand at a robust 14.84 billion yen, comfortably exceeding interest-bearing debt of 6.60 billion yen. Furthermore, return on equity (ROE) registered at 7.91% and return on assets (ROA) at 4.55%, reflecting steady capital efficiency alongside earnings per share (EPS) of 104.71 yen.