Nihon Wasou Holdings (2499), Earnings: Operating profit increased by +18.7% YoY to 117 million yen

Nihon Wasou Holdings (2499) has released its latest financial results, reporting net sales of 2.249 billion yen, representing a +4.4% increase compared to the same period of the previous year. On the profit front, operating profit grew by +18.7% YoY to 117 million yen, and ordinary profit increased by +9.0% YoY to 80 million yen, demonstrating solid growth in core earnings. Meanwhile, the net loss attributable to owners of the parent was 11 million yen (earnings per share of -1.23 yen), with comprehensive income recording a loss of 6 million yen. From a financial perspective, the company maintains a moderate financial foundation with an equity ratio of 41.9%. Operating cash flow stands at 0.32 billion yen, free cash flow at 0.30 billion yen, and cash and cash equivalents at 1.89 billion yen, against interest-bearing debt of 3.91 billion yen and retained earnings of 2.86 billion yen. While top-line growth and operating/ordinary profit increases were achieved, ongoing monitoring of the bottom line and overall financial dynamics remains essential.