Harima Kyowa Co., Ltd. (7444) Earnings: Operating Income Decreases 25.0% YoY to 420 Million Yen, Revenue Up 11.9% YoY

Harima Kyowa Co., Ltd. (7444) has released its financial results, reporting operating income of 420 million yen, representing a 25.0% decrease compared to the same period of the previous year. Net sales came in at 17,436 million yen, an 11.9% increase YoY. On the profit side, ordinary income was 465 million yen (a 20.4% decrease YoY), and net income attributable to owners of the parent reached 271 million yen (a 16.4% decrease YoY). Comprehensive income stood at 65 million yen, down 85.6% from the previous year. From a financial and valuation perspective, the equity ratio is maintained at a high level of 68.2%, with retained earnings at 23.42 billion yen and interest-bearing debt at 2.60 billion yen. The company recorded a Return on Equity (ROE) of 1.07%, a Return on Assets (ROA) of 0.72%, and EBITDA reached 0.43 billion yen. While top-line growth remains solid, the results highlight shifting profit margins.