Oriental Chain Mfg. (6380) Earnings: Net Sales Down 6.2% YoY, but Net Income Surges 930.7% YoY to 50 Million Yen

Oriental Chain Mfg. Co., Ltd. (6380) has released its financial results, reporting net sales of 1,016 million yen, down 6.2% compared to the same period of the previous year. Despite the decrease in revenue, the company achieved significant profit growth. Operating income stood at 109 million yen and ordinary income reached 75 million yen. Notably, net income attributable to owners of the parent surged by 930.7% year-on-year to 50 million yen, while comprehensive income expanded by 535.2% year-on-year to 52 million yen.

From a financial and valuation perspective, the company maintains a solid equity ratio of 56.2% with retained earnings standing at 0.65 billion yen, alongside interest-bearing debt of 1.19 billion yen. Regarding profitability and efficiency metrics, the Return on Equity (ROE) is reported at 2.14% and the Return on Assets (ROA) at 0.97%, with EBITDA reaching 0.28 billion yen. Earnings per share (EPS) registered at 29.5 yen, and diluted earnings per share came in at 19.77 yen, reflecting a substantial enhancement in bottom-line performance.