Sanken Electric(6707) Revenue Down 16.0% YoY to 18.68 Billion Yen, Reports Operating Loss of 2.08 Billion Yen

Sanken Electric (6707) has released its financial results, reporting net sales of 18,680 million yen, representing a 16.0% decrease compared to the same period of the previous year. On the profit front, the company posted an operating loss of 2,082 million yen, an ordinary loss of 1,763 million yen, and a net loss attributable to owners of the parent of 1,866 million yen. Earnings per share (EPS) stood at -93.34 yen.

Regarding the financial structure and metrics, the equity ratio was 51.7%, interest-bearing debt stood at 81,100 million yen, and retained earnings were 23,460 million yen. Profitability indicators showed a Return on Equity (ROE) of -7.33%, a Return on Assets (ROA) of -3.93%, and EBITDA of 630 million yen. Amid a challenging operating environment, future performance recovery and the maintenance of financial soundness remain key points of focus.