Tomita Electric Co., Ltd. (JP:6898) has released an update.
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Tomita Electric Co., Ltd. reported a decrease in quarterly net sales by 11% and a significant drop in operating profit, turning from a 7 million yen profit to a 78 million yen loss. The company’s total assets increased slightly to 4,819 million yen, while net assets rose to 3,897 million yen, maintaining a stable capital adequacy ratio of 80.9%. Notably, earnings per share plummeted from 14.85 yen to a loss of 95.58 yen.
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