Miyaji Engineering Group (3431) Reports Earnings: Operating Profit Down 76.3% YoY to 341 Million Yen

Miyaji Engineering Group (3431) has released its financial results, reporting an operating profit down 76.3% year-on-year to 341 million yen. Net sales for the period stood at 11,427 million yen, representing a decrease of 22.4% compared to the same period of the previous year. On the profit front, ordinary profit fell by 69.7% to 465 million yen, and net income attributable to owners of the parent decreased by 53.2% to 431 million yen. Comprehensive income came in at 394 million yen, down 63.1% year-on-year, while earnings per share (EPS) stood at 16.28 yen.

From a financial and valuation perspective, the company maintains a solid capital structure with an equity ratio of 53.6%. Interest-bearing debt is kept low at 300 million yen, while retained earnings stand at a substantial 28.23 billion yen, reflecting a strong cushion of internal reserves. Meanwhile, profitability metrics for the period show a return on equity (ROE) of 1.30% and a return on assets (ROA) of 0.55%, highlighting the market's focus on future profit recovery and capital efficiency.