Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Car Mate Mfg. Co Ltd ( (JP:7297) ) has provided an update.
Car Mate Mfg. Co., Ltd. reported consolidated net sales of ¥14.56 billion for the fiscal year ended March 2026, down 6.2% year on year, but significantly improved profitability as operating profit doubled to ¥604 million and ordinary profit rose 73% to ¥653 million. Profit attributable to owners of parent swung to a surplus of ¥281 million from a prior-year loss, while margins and return on equity turned positive, supported by stable total assets, higher net assets, and a solid capital adequacy ratio of 75.2% despite lower operating cash flow and increased investment outflows.
The company’s financial position remained robust, with total assets of about ¥20.2 billion and cash and cash equivalents of ¥9.06 billion at period-end, indicating ample liquidity even as operating cash flow declined and investment cash outlays rose. Improvement in comprehensive income and net assets per share suggests enhanced shareholder value, and the planned schedule for the general shareholders’ meeting and dividend payment signals management’s confidence in the company’s strengthened earnings base and balance sheet resilience.
More about Car Mate Mfg. Co Ltd
Car Mate Mfg. Co., Ltd., listed on the Tokyo Stock Exchange Standard market under securities code 7297, operates in the general business category, focusing on automotive-related products and accessories. The company serves both domestic and international markets, with a fiscal year ending March 31 and maintains a strong equity base, reflected in a capital adequacy ratio above 70%.
Average Trading Volume: 1,587
Technical Sentiment Signal: Buy
Current Market Cap: Yen5.95B
See more insights into 7297 stock on TipRanks’ Stock Analysis page.