Asante (6073) Earnings: Operating Profit Decreased by 54.9% YoY to 209 Million Yen

Asante (6073) has released its financial results, reporting net sales of 3,786 million yen, down 10.5% year-on-year. Operating profit declined by 54.9% year-on-year to 209 million yen, while ordinary profit decreased by 55.8% to 240 million yen. Net income attributable to owners of the parent fell 63.1% to 121 million yen, and comprehensive income dropped 72.1% to 97 million yen. Earnings per share (EPS) stood at 12.45 yen.

From a financial and valuation perspective, the company maintains a solid equity ratio of 65.9%, demonstrating financial stability. Retained earnings reached 11.17 billion yen, while interest-bearing debt was kept at 0.41 billion yen. Regarding profitability metrics, Return on Equity (ROE) was recorded at 1.31%, Return on Assets (ROA) at 0.85%, and EBITDA at 210 million yen.