The Nisshin OilliO Group, Inc. (2602) Earnings: Operating Income Surges 70.7% YoY to 6,426 Million Yen

The Nisshin OilliO Group, Inc. (2602) released its financial results, reporting net sales of 152,401 million yen, representing a 15.4% increase compared to the same period of the previous year. On the profit front, operating income jumped 70.7% YoY to 6,426 million yen, and ordinary income rose 66.6% YoY to 5,176 million yen. Meanwhile, net income attributable to owners of the parent was 3,439 million yen (a 79.3% decrease YoY), and comprehensive income stood at 4,539 million yen (a 73.8% decrease YoY). Earnings per share (EPS) was recorded at 37.59 yen.

From a financial and valuation perspective, the company maintains cash and cash equivalents of 18.27 billion yen, while operating cash flow and free cash flow registered at -3.77 billion yen and -7.88 billion yen, respectively. Regarding profitability and capital efficiency, Return on Equity (ROE) came in at 1.93%, Return on Assets (ROA) at 0.76%, and EBITDA reached 9.44 billion yen. While top-line growth and core operating income expansion are evident, ongoing attention to cash flow dynamics and capital efficiency remains important.