Space (9622) Earnings: Operating Profit Up 1.9% YoY to 2,722 Million Yen, Net Profit Gains 4.4%

Space (9622) has released its financial results, reporting that operating profit rose 1.9% year-on-year to 2,722 million yen. Net sales were 32,923 million yen, a 2.8% decrease compared to the same period of the previous year. Despite the slight drop in revenue, profitability improved: ordinary profit increased 2.4% to 2,752 million yen, and net income attributable to owners of the parent grew 4.4% to 1,866 million yen, achieving higher profits despite lower revenues. Comprehensive income also showed significant growth, up 22.9% to 2,001 million yen.

In terms of financial structure, the company maintains a high equity ratio of 80.6%. Operating cash flow stood at 3.58 billion yen and free cash flow reached 4.54 billion yen. With cash and cash equivalents at 16.85 billion yen and retained earnings of 29.18 billion yen, the company demonstrates a robust financial foundation and steady cash generation capabilities.