Mabuchi Motor (6592) Earnings: Operating Profit Up 8.5% to JPY 13.14 Billion, Net Income Increases 41.9%

Mabuchi Motor (6592) has released its financial results, reporting net sales of JPY 106.38 billion, representing a 12.1% increase compared to the same period of the previous year. On the profit front, operating profit grew 8.5% year-on-year to JPY 13.14 billion, ordinary profit surged 63.3% to JPY 18.89 billion, and net income attributable to owners of the parent rose 41.9% to JPY 12.69 billion. Earnings per share (EPS) stood at JPY 51.84.

The company maintains a robust financial foundation, highlighted by a high equity ratio of 84.1%. It boasts robust liquidity with cash and cash equivalents of JPY 129.93 billion and retained earnings of JPY 248.64 billion, against interest-bearing debt of JPY 17.95 billion. Operating cash flow remained positive at JPY 11.74 billion, while free cash flow was -JPY 6.86 billion due to ongoing investments. Overall, the results reflect solid operational performance backed by an exceptionally strong balance sheet and ample cash reserves.