Ichimasa Kamaboko (2904) Earnings: Operating Income Down 31.3% YoY to 611 Million Yen

Ichimasa Kamaboko (2904) announced its financial results, reporting net sales of 35,542 million yen, a 2.8% increase compared to the same period of the previous year. However, profit figures declined: operating income fell 31.3% YoY to 611 million yen, ordinary income decreased 41.7% YoY to 529 million yen, and net income attributable to owners of the parent dropped 56.3% YoY to 326 million yen. The operating profit margin stood at 1.7%.

From a financial structure and valuation perspective, the company maintains a stable equity ratio of 48.5%, with retained earnings reaching 12.51 billion yen against interest-bearing debt of 10.02 billion yen. Operating cash flow registered a positive 2,285 million yen, while investing and financing cash flows were -1,765 million yen and -330 million yen, respectively. Regarding profitability metrics, ROE was recorded at 2.35% and ROA at 1.06%, with EBITDA totaling 2.49 billion yen.