Nichiban (4218) Q1 Earnings: Operating Profit Decreases 4.7% YoY to 621 Million Yen, Net Profit Up 0.1%

Nichiban (4218) released its latest financial results, reporting net sales of 12,264 million yen, representing a 2.9% increase compared to the same period of the previous year. On the profit front, operating profit decreased by 4.7% year-on-year to 621 million yen, and ordinary profit declined by 1.2% to 688 million yen. Meanwhile, net income attributable to owners of the parent edged up 0.1% to 393 million yen, and comprehensive income surged significantly by 51.0% to 429 million yen. Earnings per share (EPS) stood at 19.49 yen.

From a financial and valuation perspective, the company maintains a robust equity ratio of 67.1%, reflecting a strong financial foundation and high safety margins. Furthermore, interest-bearing debt is limited to 1.0 billion yen, while retained earnings stand at a substantial 33.1 billion yen, demonstrating a solid and stable financial structure backed by accumulated internal reserves.