Zao Sangyo (9986) Reports Earnings: Operating Profit Down -7.8% YoY, Net Profit Up 3.1% to 125 Million Yen

Zao Sangyo (9986) has released its financial results, reporting net sales of 1,966 million yen (a 1.9% decrease year-on-year) and an operating profit down 7.8% year-on-year at 165 million yen. Meanwhile, ordinary profit rose 5.1% to 195 million yen, and net profit increased by 3.1% to 125 million yen, demonstrating resilience in bottom-line profits despite a slight dip in top-line sales. Earnings per share (EPS) stood at 23.05 yen.

From a financial stability perspective, the company maintains an exceptionally high equity-to-asset ratio of 86.9% and zero interest-bearing debt (0.0 billion yen), reflecting a virtually debt-free balance sheet. Furthermore, retained earnings stand at a robust 9.53 billion yen, highlighting Zao Sangyo's solid financial foundation and conservative capital management.