Nitta Gelatin (4977) Q1 Earnings: Net Sales Up 8.3% YoY, Operating Income Decreases 5.5% YoY to 1,184 Million Yen

Nitta Gelatin (4977) released its financial results, reporting net sales of 9,893 million yen, a 8.3% increase compared to the same period of the previous year. While operating income declined by 5.5% YoY to 1,184 million yen, ordinary income rose 1.8% YoY to 1,271 million yen. Furthermore, net income attributable to owners of the parent increased by 10.4% YoY to 690 million yen, and comprehensive income surged 193.5% YoY to 1,543 million yen. The company maintains a solid financial foundation with an equity ratio of 57.0%. Retained earnings stand at 15.31 billion yen, alongside cash and cash equivalents of 3.69 billion yen. Operating cash flow reached 6.48 billion yen while free cash flow remained positive at 1.39 billion yen, demonstrating robust cash generation capabilities.