Moriya Corporation (1798) Earnings: Operating Income Decreases 46.9% YoY to 534 Million Yen

Moriya Corporation (1798) has released its financial results, reporting operating income of 534 million yen, a 46.9% decrease year-on-year. Net sales were 10,153 million yen (a 23.5% decrease year-on-year), ordinary income was 573 million yen (a 44.4% decrease), and net income attributable to owners of the parent was 381 million yen (a 48.2% decrease). Both top-line revenue and profits contracted compared to the same period of the previous year. From a balance sheet perspective, the company maintains a solid financial foundation with an equity ratio of 53.9% and retained earnings standing at 15.16 billion yen. Interest-bearing debt is recorded at 4.09 billion yen, while the solid capital structure provides financial stability. Furthermore, return on equity (ROE) is 2.11%, return on assets (ROA) is 1.09%, and earnings per share (EPS) is 34.98 yen.