Hokuto (1379) Earnings: Operating Income Surges 136.8% YoY to 418 Million Yen

Hokuto Corporation (1379) released its financial results, reporting net sales of 19,343 million yen, a 4.4% increase compared to the same period of the previous year. Profitability showed significant improvement, with operating income soaring by 136.8% year-on-year to 418 million yen, and ordinary income surging by 426.1% to 777 million yen. Meanwhile, net income attributable to owners of the parent came in at 452 million yen (down 66.7% YoY), and comprehensive income was 973 million yen (down 53.8% YoY). From a balance sheet perspective, the company maintains a solid financial foundation with an equity ratio of 55.7%. With 29.66 billion yen in interest-bearing debt and a substantial retained earnings pool of 51.48 billion yen, Hokuto exhibits strong financial resilience and adequate capacity for future business investments.