Kitazawa Sangyo (9930) Reports Earnings: Net Sales Up +2.3% YoY, Net Income Attributable to Owners Reaches 122 Million Yen

Kitazawa Sangyo (9930) has released its latest financial results, reporting net sales up +2.3% year-on-year to 3,189 million yen. While the company posted an operating loss of 77 million yen and an ordinary loss of 28 million yen, net income attributable to owners of the parent reached 122 million yen, with earnings per share (EPS) of 6.59 yen. Comprehensive income stood at -35 million yen. From a financial stability perspective, the equity ratio remains solid at 66.2%. Although operating cash flow was -0.70 billion yen and free cash flow was -0.54 billion yen, the company preserves a sound financial foundation supported by its substantial cash reserves.