Maeda Kosen (7821) Earnings: Operating Income Up 0.1% to JPY 12.03 Billion, Net Income Increases 0.9%

Maeda Kosen (7821) has released its financial results, reporting net sales of JPY 71.39 billion, representing an 11.4% increase compared to the same period of the previous year. On the profit front, operating income reached JPY 12.03 billion (a 0.1% increase year-on-year), ordinary income came in at JPY 12.89 billion (a 5.2% increase), and net income attributable to owners of the parent was JPY 9.57 billion (a 0.9% increase). The operating profit margin stood at 16.9%, demonstrating solid profitability in its core operations.

Examining the financial foundation and cash flow status, the equity ratio remains exceptionally high at 80.2%, indicating robust financial stability. Retained earnings accumulated to JPY 62.33 billion, while cash and cash equivalents reached JPY 26.18 billion against interest-bearing debt of JPY 3.51 billion, highlighting a strong net cash position and a sound balance sheet. In terms of cash flows, operating cash flow registered a positive JPY 10.95 billion, and after accounting for investing cash flow (minus JPY 3.68 billion), free cash flow secured a positive balance of approximately JPY 7.26 billion. Return on assets (ROA) recorded 14.2% and return on equity (ROE) stood at 13.2%, reflecting well-balanced management regarding capital efficiency and profitability.