Shizuki Electric Profits More Than Double on Strong Nine-Month Growth

The company posted a net profit of ¥1.44 billion, a sharp increase from the ¥671 million recorded during the same period in the previous year. This performance translated to earnings per share of ¥56.89, up from ¥26.57 a year earlier. The results, based on Japanese accounting standards, reflect a robust operational turnaround for the Nishinomiya-based firm.

Operational Performance and Revenue Gains

Revenue for the period climbed to ¥20.61 billion, compared to ¥19.71 billion in the prior year. The company’s operating profit saw even more substantial momentum, jumping to ¥1.88 billion from ¥1.16 billion. This suggests a significant expansion in margins as the firm managed to outpace costs despite broader economic pressures in the electronics sector.

Pretax profit followed a similar upward trajectory, reaching ¥2.16 billion against ¥1.11 billion in the previous reporting cycle. According to the financial statement, the company’s ability to nearly double its pretax earnings underscores a favorable shift in its non-operating income or lower interest expenses during the nine months ended December 31.