Wellnet (2428) Earnings: Operating Profit Down 6.1% YoY to 1.41 Billion Yen, Net Profit Up 0.4%

Wellnet (2428) has released its financial results for the period, reporting net sales of 10,059 million yen, a 7.9% decrease compared to the same period of the previous year. On the profit front, operating profit decreased by 6.1% YoY to 1,411 million yen, and ordinary profit fell by 9.6% YoY to 1,505 million yen. However, net income increased by 0.4% YoY to 1,081 million yen. The operating profit margin stood at 14.0%. Examining the financial structure and cash flows, the equity ratio is recorded at 35.4%, with retained earnings reaching 5.55 billion yen against interest-bearing debt of 1.50 billion yen. EBITDA was reported at 1.70 billion yen. Cash flows from operating, investing, and financing activities were -2,116 million yen, -1,258 million yen, and -797 million yen, respectively. The Return on Equity (ROE) came in at 12.0%, and Return on Assets (ROA) was 5.4%, reflecting the company's ongoing financial results.