Toyo Warehouse Co., Ltd. (9306) Earnings: Operating Income Down 17.4% YoY to 293 Million Yen

Toyo Warehouse Co., Ltd. (9306) announced its financial results, reporting that operating income decreased 17.4% year-on-year to 293 million yen. While operating revenue rose 7.2% year-on-year to 7,892 million yen, posting an increase in top-line revenue, key profit metrics declined. Ordinary income decreased 13.4% to 463 million yen, and net income attributable to owners of the parent fell 37.0% to 353 million yen. Meanwhile, comprehensive income showed a 9.0% increase to 562 million yen. Assessing the company's financial foundation, the equity ratio stands at a stable 56.9%, demonstrating a solid financial structure. The company holds interest-bearing debt of 15.4 billion yen alongside retained earnings of 20.24 billion yen, securing a robust internal reserve base to support mid-to-long-term business operations. Basic earnings per share (EPS) for the period was 46.96 yen.