Wesco Holdings (6091) Earnings: Operating Income Up +4.2% YoY to 1,029 Million Yen with Net Income Rising +22.1%

According to the latest financial data released by Wesco Holdings (6091), net sales reached 17,010 million yen, representing a +5.5% increase compared to the same period of the previous year. Operating income grew by +4.2% YoY to 1,029 million yen, while ordinary income increased by +4.7% YoY to 1,272 million yen, marking a steady performance in both revenue and profit. Furthermore, net income attributable to owners of the parent surged by +22.1% YoY to 945 million yen, and comprehensive income expanded significantly by +63.8% to 1,341 million yen.

Regarding profitability and financial structure, the operating profit margin stood at 6.1%, return on assets (ROA) at 5.9%, and return on equity (ROE) at 5.7%. Operating cash flow remained positive at 610 million yen, whereas investing cash flow and financing cash flow were -764 million yen and -998 million yen respectively, resulting in a free cash flow of -150 million yen. Nevertheless, the company maintains a robust financial foundation, backed by 8,420 million yen in cash and cash equivalents and an EBITDA of 1,290 million yen.