IID, Inc. (6038) Earnings Report: Operating Income Decreases 50.8% YoY to 226 Million Yen, Net Income Up 1.1%

IID, Inc. (6038) has released its latest financial results, reporting net sales of 5,952 million yen, a 2.2% decrease compared to the same period of the previous year. Operating income came in at 226 million yen, down 50.8% year-on-year, while ordinary income reached 273 million yen, a 39.7% decrease. Meanwhile, net income attributable to owners of the parent rose by 1.1% to 311 million yen, demonstrating resilience in final profit.

From a financial and valuation perspective, the company maintains a robust foundation with an equity ratio of 77.4%. Retained earnings stand at 2.9 billion yen, alongside interest-bearing debt of 0.33 billion yen. Operating cash flow was positive at 153 million yen, while investment and financing cash flows recorded -289 million yen and -361 million yen, respectively. Return on Equity (ROE) was recorded at 6.6%, and Return on Assets (ROA) stood at 4.3%.