Tsukuruba Inc. (2978) Earnings: Operating Profit Down 38.1% YoY to 169 Million Yen, Net Income Increases 19.5%

Tsukuruba Inc. (2978) has released its financial results, reporting significant top-line growth with net sales reaching 11,310 million yen, a 39.7% increase compared to the same period of the previous year. Operating profit was down 38.1% year-on-year to 169 million yen, and ordinary profit stood at 38 million yen (down 80.9% year-on-year). However, net income attributable to owners of the parent rose by 19.5% to 127 million yen, securing a positive bottom-line growth.

Regarding the financial foundation and cash flow metrics, operating cash flow remained positive at 16 million yen (0.02 billion yen). Due to ongoing investments (investment cash flow of -105 million yen) and financing activities (-95 million yen), free cash flow was -0.9 billion yen. The company maintains a solid cash position with 1.64 billion yen in cash and cash equivalents. Furthermore, the return on equity (ROE) stands at 6.4%, and EBITDA is reported at 0.19 billion yen, reflecting a balance between profitability and growth-oriented investments.