LA HOLDINGS INC. (2986) Earnings Report: Operating Income Decreased by 49.1% YoY to 2.033 Billion Yen

LA HOLDINGS INC. (2986) has released its financial results, reporting net sales of 16.833 billion yen (down 3.1% year-on-year), operating income of 2.033 billion yen (down 49.1% YoY), ordinary income of 1.239 billion yen (down 63.7% YoY), and net income attributable to owners of the parent of 810 million yen (down 65.9% YoY). Despite the decrease in revenue and profit, the company's financial structure shows an equity ratio of 27.2% with retained earnings of 20.72 billion yen, while interest-bearing debt is 65.60 billion yen. Additionally, operating cash flow stands at -11.39 billion yen, free cash flow at -13.66 billion yen, and cash and cash equivalents at 19.51 billion yen. Earnings per share (EPS) was recorded at 35.38 yen.