Nittoc Construction (1929), Financial Results: Operating Income Up +52.2% YoY to 765 Million Yen

Nittoc Construction (1929) has released its latest financial results, reporting that operating income surged by 52.2% year-on-year to 765 million yen. Net sales reached 18,529 million yen, representing a 7.1% increase compared to the same period of the previous year. Furthermore, ordinary income grew by 47.7% to 837 million yen, and net income attributable to owners of the parent increased by 28.6% to 466 million yen, while comprehensive income rose by 18.1% to 460 million yen. Basic earnings per share (EPS) stood at 11.16 yen.

From the perspective of financial structure and valuation metrics, the company maintains a robust equity ratio of 62.2%, indicating high financial stability. Retained earnings stand at a substantial 26.97 billion yen against interest-bearing debt of only 0.48 billion yen, pointing to an extremely sound and debt-lean balance sheet. Meanwhile, return on equity (ROE) was recorded at 1.34% and return on assets (ROA) at 0.78%, highlighting areas for future earnings growth and capital efficiency enhancement.