Nitto Seimo (3524) Earnings: Operating Profit Surges 51.1% YoY to 195 Million Yen

Nitto Seimo (3524) has released its financial results, reporting net sales of 5,159 million yen, a 2.5% increase compared to the same period of the previous year. Operating profit showed significant growth, surging 51.1% year-on-year to 195 million yen. Meanwhile, ordinary profit stood at 137 million yen, down 13.4% year-on-year, and net income attributable to owners of the parent was 40 million yen, a decrease of 35.9%. From a financial structure and valuation perspective, the company maintains a capital adequacy ratio of 24.6% and retained earnings of 5.80 billion yen. Interest-bearing debt stands at 17.94 billion yen, highlighting the importance of ongoing balance sheet management and cash flow monitoring. Earnings per share (EPS) for the period was recorded at 15.72 yen.