Meiji Machine Co.,Ltd. (6334) Earnings Report: Net Sales Down 8.7% YoY, Operating Loss of 304 Million Yen

Meiji Machine Co.,Ltd. (6334) has released its financial results, reporting net sales of 1,079 million yen, a decrease of 8.7% compared to the same period of the previous year. On the profit front, the company posted an operating loss of 304 million yen, an ordinary loss of 327 million yen, and a net loss attributable to owners of the parent of 369 million yen. Earnings per share (EPS) stood at -34.28 yen, with comprehensive income totaling -350 million yen. Regarding cash flow and financial metrics, operating cash flow was -0.16 billion yen, free cash flow was -0.07 billion yen, and cash and cash equivalents stood at 1.04 billion yen. Return on Equity (ROE) is reported at 0.89%, Return on Assets (ROA) at 0.43%, and EBITDA at 0.1 billion yen. While the current earnings show a challenging operational environment, monitoring liquidity and future recovery trends remains key.