Nagaoka (6239) Earnings: Operating Profit Decreased 67.1% YoY to 499 Million Yen

Nagaoka (6239) has released its financial results, reporting operating profit of 499 million yen, down 67.1% year-on-year. Net sales were 7,468 million yen (down 16.2% year-on-year), ordinary profit was 573 million yen (down 62.0%), and net income attributable to owners of the parent was 327 million yen (down 66.2%). Despite the revenue and profit decline, the company maintains a sound financial foundation with cash and cash equivalents reaching 3,090 million yen. In terms of cash flows, operating activities generated a positive 760 million yen, and combined with positive investing cash flows (90 million yen), free cash flow remained solid at 850 million yen. Although financing cash flows showed an outflow of 301 million yen, the company continues to operate with stable cash-generating capabilities.