Morishita Jintan Co., Ltd.
Morishita Nendan Co., Ltd. Q1 Financial Summary (Consolidated) [Japanese GAAP]
For the cumulative first quarter, net sales were 3,476 million yen (YoY +4.0%), operating income was 417 million yen (+115.0%), ordinary income was 436 million yen (+108.5%), and net income attributable to owners of the parent was 324 million yen (+99.1%), achieving a substantial increase in profit. In terms of segments, Consumer showed profit growth, Solutions showed a sharp profit increase, and Others declined. Full-year guidance remained unchanged.
Key Figures
- Net sales: 3,476百万円(前年同四半期比4.0%増)
- Operating income: 417百万円(前年比増)
- Ordinary income: 436百万円
- Net income attributable to owners of the parent: 324百万円
- Equity ratio: 69.6%
AI要約
Section heading
Overview of operating results: In the domestic and international economic environment, the business is being developed around Nendan technology and materials development. The first-quarter sales and profits exceeded the previous year, with a large profit increase driven by expanded contracted work in the Solutions segment and the impact of new lines. By segment, Consumer remained solid in the Asia market centered on Hong Kong, while Solutions improved profitability due to higher contracted sales and cost control.
Second section heading
Financial position and prospects: Current assets declined, but total assets remained flat due to an increase in fixed assets. Liabilities reflect decreases in current liabilities and an increase in long-term borrowings. The equity ratio is about 69.6%. Consolidated earnings guidance remains unchanged, with attention to raw material prices and overseas market trends. Going forward, reinforce the contracted framework and accelerate responding to market needs to further enhance profitability.
Morishita Nendan Co., Ltd.
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