Showa Sangyo (2004) Earnings: Operating Profit Decreased by 1.5% YoY to 3.479 Billion Yen, Revenue Up 9.1%

Showa Sangyo (2004) announced its financial results, reporting net sales of 92,379 million yen, a 9.1% increase compared to the same period of the previous year. Meanwhile, profit indicators showed a slight contraction, with operating profit decreasing by 1.5% YoY to 3,479 million yen, ordinary profit down 0.3% to 4,378 million yen, and net income attributable to owners of the parent down 0.2% to 2,891 million yen. In contrast, comprehensive income expanded significantly by 50.3% YoY to 4,902 million yen.

From a financial and valuation perspective, the company maintains a solid financial foundation with an equity ratio of 54.4%. Retained earnings stand at 109.03 billion yen against interest-bearing debt of 53.54 billion yen. Regarding profitability metrics, the Return on Equity (ROE) is recorded at 2.27%, the Return on Assets (ROA) is 1.04%, and earnings per share (EPS) is 88.99 yen.