Totech Corporation (9960) Reports Earnings: Operating Income Decreases 12.4% YoY to 2.601 Billion Yen

Totech Corporation (9960) has announced its financial results, posting net sales of 36,691 million yen, representing a 1.5% increase compared to the same period of the previous year. On the profit side, operating income decreased 12.4% year-on-year to 2,601 million yen, ordinary income decreased 9.5% to 2,977 million yen, and net income attributable to owners of the parent fell 10.4% to 1,978 million yen, resulting in higher revenues but lower profits. Meanwhile, comprehensive income showed a significant expansion, surging 40.0% year-on-year to 4,806 million yen. Profitability remains high, with a Return on Equity (ROE) of 21.97% and a Return on Assets (ROA) of 11.41%, highlighting excellent capital efficiency. Furthermore, operating cash flow stood at 9.59 billion yen, free cash flow at 1.09 billion yen, and cash and cash equivalents at 9.21 billion yen. With EBITDA reaching 18.71 billion yen, the company demonstrates a stable business foundation supported by solid cash-generation capabilities from its core operations.