Mamiya-Op Profits Plummet to Y410 Million Amid Revenue Slide

A sharp contraction in demand hit Mamiya-Op Co. Ltd. during the first half of the fiscal year, as net profit plummeted to 410 million yen from 1.57 billion yen a year earlier. The Tokyo-listed firm reported these results under Japanese accounting standards for the period ending September 30.

Today, 10:46· Money Talk· 1,144 reads

Mamiya-Op Profits Plummet to Y410 Million Amid Revenue Slide

Revenue at the electronics manufacturer fell significantly, dropping to 8.10 billion yen compared to 13.22 billion yen in the previous corresponding period. This decline rippled through the company's core metrics, with operating profit narrowing to 95 million yen from 1.94 billion yen. Pretax profit also saw a substantial retreat, landing at 523 million yen against the previous year's 2.18 billion yen.

Shareholders face a stark shift in per-share earnings, which fell to 39.66 yen from 152.26 yen. Diluted earnings per share followed a similar trajectory, declining to 39.42 yen from 151.33 yen. The figures underscore a challenging environment for the company as it navigates the current fiscal landscape.

Mamiya-Op Profits Plummet to Y410 Million Amid Revenue Slide

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