Thermae-Yu Holdings (3521) Earnings: Operating Profit Up 3.3% YoY, Net Income Surges 51.4%

Thermae-Yu Holdings (3521) has released its financial results, reporting that operating profit increased by 3.3% YoY to 69 million yen. Net sales reached 754 million yen, representing a significant increase of 53.6% compared to the same period of the previous year. Ordinary profit grew 5.7% YoY to 70 million yen, and net income attributable to owners of the parent jumped 51.4% YoY to 36 million yen.

From a financial and valuation perspective, the company maintains a robust financial foundation with a high equity ratio of 82.8%. Cash and cash equivalents stand at 1.29 billion yen, alongside retained earnings of 500 million yen. The company generated 450 million yen in operating cash flow and 160 million yen in free cash flow, reflecting a stable cash-generating capacity and sound operational performance.