Kimura Chemical Plants(6378) Earnings: Operating Profit Surges 164.5% YoY to 523 Million Yen

Kimura Chemical Plants (6378) released its financial results, reporting net sales of 5,837 million yen, a 6.0% decrease compared to the same period of the previous year. Despite the lower top-line revenue, profitability showed a substantial surge. Operating profit reached 523 million yen, a significant increase of 164.5% year-on-year, while ordinary profit rose 156.9% to 592 million yen. Net income attributable to owners of the parent jumped 169.8% to 370 million yen, reflecting a strong improvement in overall earnings.

From a financial and balance sheet perspective, the company maintains a solid foundation with an equity ratio of 64.5%. Cash and cash equivalents stood at 9.29 billion yen, and retained earnings reached 16.10 billion yen against interest-bearing debt of 1.82 billion yen, highlighting financial stability. Furthermore, operating cash flow registered a strong positive of 2.53 billion yen, and free cash flow remained in the black at 0.57 billion yen, demonstrating steady cash-generating capabilities.