IDEC (6652) Earnings Report: Operating Income Surges 656.4% YoY to 2.458 Billion Yen, Net Income Jumps 922.0%

IDEC (6652) has released its financial results, reporting that operating income soared 656.4% year-on-year to 2,458 million yen. Net sales came in at 21,405 million yen, representing a 36.0% increase compared to the same period of the previous year. On the profit front, ordinary income rose 303.1% to 2,530 million yen, and net income attributable to owners of the parent jumped 922.0% to 4,754 million yen. Comprehensive income also expanded significantly to 5,773 million yen, up 254.2% year-on-year. Basic earnings per share (EPS) stood at 160.69 yen.

From a financial and valuation perspective, the company maintains a solid financial foundation with an equity ratio of 63.0%. Retained earnings stand at 41.9 billion yen against interest-bearing debt of 24.32 billion yen. Regarding profitability indicators, return on equity (ROE) is recorded at 8.61% and return on assets (ROA) at 4.07%, reflecting steady asset utilization and profitability.