Blue Innovation (5597) Reports Earnings: Net Sales Up +44.3% YoY to 754 Million Yen, Operating Loss of 180 Million Yen

Blue Innovation (5597) has released its financial results, reporting net sales up +44.3% year-on-year to 754 million yen, representing a significant top-line growth compared to the same period of the previous year. However, the company posted an operating loss of 180 million yen, an ordinary loss of 174 million yen, and a net loss of 176 million yen. Earnings per share (EPS) stood at -43.63 yen.

Examining the financial structure and cash flows, the company maintains cash and cash equivalents of 0.81 billion yen, while operating cash flow for the six months ended June 30, 2026 was approximately -179.10 million yen and the sum of operating and investing cash flows was approximately -190.20 million yen (reference calculation). The equity ratio stands at 4.3%, with interest-bearing debt at 0.94 billion yen and retained earnings at approximately -1.506 billion yen as of June 30, 2026. Consequently, future earnings recovery to strengthen the financial foundation and improve cash flow trends remains a key area of focus for market participants.

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Correction (September 19, 2026)：The affected figures and reporting-period labels were corrected after checking the source disclosure. Source disclosure