Tensho Electric Industries (6776) Earnings: Operating Profit Surges 346.3% YoY to 289 Million Yen

Tensho Electric Industries (6776) has released its financial results, reporting net sales of 5.62 billion yen, representing a 12.7% increase compared to the same period of the previous year. Profitability showed significant improvement at the operating level, with operating profit surging 346.3% year-on-year to 289 million yen. Ordinary profit also recorded strong growth, rising 88.2% to 274 million yen. Meanwhile, net income attributable to owners of the parent came in at 174 million yen, down 21.2% year-on-year, resulting in earnings per share (EPS) of 10.24 yen. Comprehensive income was recorded at 331 million yen.

From a financial and valuation perspective, the company maintains a solid capital structure with an equity ratio of 52.3%, highlighting financial stability. Retained earnings stand at 7.77 billion yen, demonstrating a robust internal reserve base, alongside interest-bearing debt of 4.54 billion yen. Regarding profitability metrics, return on equity (ROE) is 1.72% and return on assets (ROA) is 0.81%, reflecting the current state of asset efficiency and earnings generation.