Okumura Corporation (1833) Earnings: Operating Profit Down 36.5% YoY to 2.627 Billion Yen, Ordinary Profit Up 32.2%

Okumura Corporation (1833) has released its financial results, reporting net sales of 65.363 billion yen, a 6.3% decrease compared to the same period of the previous year. Operating profit decreased by 36.5% YoY to 2.627 billion yen. However, ordinary profit showed a significant increase of 32.2% YoY to 5.265 billion yen, while profit attributable to owners of parent stood at 3.431 billion yen, down 7.1% YoY.

From a financial and valuation perspective, the company maintains a solid foundation with an ROE of 12.42% and an ROA of 0.86%, demonstrating efficient asset utilization. Although free cash flow was -2.34 billion yen, cash and cash equivalents stood at a stable 15.68 billion yen, reflecting a sound financial position.