Nankai Plywood (7887) Earnings Report: Operating Income Up 26.0% YoY to 495 Million Yen, Sales Surge 55.5%

Nankai Plywood (7887) has released its financial results, reporting net sales of 9,793 million yen, a significant year-on-year increase of 55.5%. Operating income grew by 26.0% year-on-year to 495 million yen, demonstrating steady improvement in core business profitability. Meanwhile, ordinary income came in at 725 million yen (down 7.6% YoY), and net income attributable to owners of the parent was 362 million yen (down 25.9% YoY).

From a financial perspective, the company maintains an equity ratio of 57.1%, reflecting a solid financial foundation. Although free cash flow was -2.63 billion yen due to investments, cash and cash equivalents of 3.88 billion yen, alongside interest-bearing debt of 11.07 billion yen and retained earnings of 20.94 billion yen, ensure financial stability.