Iwatsuka Confectionery (2221) Financial Results: Net Sales Up 5.6%, Ordinary Income Down 97.0% YoY

Iwatsuka Confectionery Co., Ltd. (2221) announced its financial results, reporting that net sales increased by +5.6% year-on-year to 7,519 million yen. However, profit figures faced significant declines: operating loss stood at 40 million yen, ordinary income decreased by -97.0% year-on-year to 11 million yen, and net income attributable to owners of the parent fell by -96.3% to 9 million yen, with earnings per share (EPS) of 0.97 yen. Comprehensive income recorded a loss of 9,755 million yen.

On the financial front, the company maintains a robust foundation with an equity ratio of 76.1%, indicating a high level of safety. Additionally, retained earnings stand at 27.43 billion yen, demonstrating a solid capital base capable of withstanding short-term earnings fluctuations.