Mugen Estate(3299) Financial Results: Operating Profit Decreased by 49.4% YoY to 2.773 Billion Yen

Mugen Estate (3299) has released its financial results, reporting net sales of 26.743 billion yen (a 18.8% decrease year-over-year) and operating profit decreased by 49.4% year-over-year to 2.773 billion yen. Ordinary profit came in at 2.142 billion yen (down 56.6%), and net income attributable to owners of the parent was 1.320 billion yen (down 60.2%).

From the perspective of financial structure and valuation, the company's equity ratio stands at 32.3%, maintaining a stable financial foundation. Return on Equity (ROE) was recorded at 7.52% and Return on Assets (ROA) at 2.43%. While retained earnings stand at 30.70 billion yen, interest-bearing debt is 66.77 billion yen with an EBITDA of 3.41 billion yen, reflecting the company's capital allocation and debt management against the backdrop of its business operations.