Value Golf (3931) Earnings: Operating Profit Down 47.6% YoY to 26 Million Yen

Value Golf (3931) has released its financial results, reporting that operating profit decreased by 47.6% year-on-year to 26 million yen. Net sales were 2,228 million yen, a 5.2% decrease compared to the same period of the previous year. Ordinary profit decreased by 68.5% to 14 million yen, and net income attributable to owners of the parent decreased by 68.5% to 9 million yen, with comprehensive income down 84.5% to 4 million yen. Earnings per share (EPS) stood at 5.27 yen.

Regarding the financial position and cash flows, the equity ratio is 32.3%, with interest-bearing debt at 1.46 billion yen and retained earnings at 0.27 billion yen. The company maintains cash and cash equivalents of 0.71 billion yen, while operating cash flow was 0.1 billion yen and free cash flow registered -0.2 billion yen. Despite the profit decline, the company retains a solid cash buffer while navigating its current business environment.