meito (2207) Earnings: Operating Profit Down 61.9% YoY, Ordinary Profit Up 19.1% to 1.41 Billion Yen

meito (2207) has released its financial results, reporting that operating profit decreased by 61.9% year-on-year to 179 million yen. Net sales were 6.337 billion yen, representing a 2.0% increase year-on-year. Ordinary profit grew by 19.1% to 1.411 billion yen, and net income attributable to owners of the parent reached 993 million yen, a 1.6% increase compared to the same period last year. Comprehensive income surged significantly by 230.2% to 3.671 billion yen. From a financial perspective, the company maintains a solid equity ratio of 61.9% alongside a robust retained earnings reserve of 33.41 billion yen. With interest-bearing debt at 18.58 billion yen and EBITDA of 250 million yen, the company's valuation reflects a strong capital foundation paired with ongoing focus on operational efficiency and profitability.