Tsurumi Manufacturing (6351) Earnings: Net Income Surges 114.5% YoY to 2.64 Billion Yen, Ordinary Profit Up 57.0%

Tsurumi Manufacturing (6351) has released its financial results, reporting net sales of 19.479 billion yen (an increase of 7.5% year-over-year) and operating income of 2.852 billion yen (a decrease of 5.0% year-over-year). However, ordinary profit rose significantly by 57.0% to 3.682 billion yen, and net income attributable to owners of the parent surged by 114.5% to 2.64 billion yen. Comprehensive income also expanded strongly by 148.5% to 3.614 billion yen.

From a financial structure and valuation perspective, the company maintains a robust equity ratio of 75.7%, underscoring a stable financial foundation. Retained earnings stand at a substantial 79.34 billion yen against interest-bearing debt of 14.38 billion yen, demonstrating a secure balance sheet. Return on Equity (ROE) is recorded at 2.94% and Return on Assets (ROA) at 1.91%, highlighting the company's steady operational standing.