BALMUDA Inc.

6612・Growth Market・Electric Appliances

Official website

BALMUDA Inc.

6612・Growth Market・Electric Appliances

Official website

BALMUDA Inc.6612

Reference Indicators

Market Cap

53¥100M

P/E (Forecast)

534.2x

P/B

1.9x

Dividend Yield (Forecast)

0.00%

ROE

-44.6%

EV/EBITDA

—

Financial Summary

Unit: ¥M

Item	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Net Sales	18,379	17,595	13,011	12,462	10,115
Cost of Sales	11,059	12,128	9,508	8,576	6,808
Gross Profit	7,320	5,467	3,503	3,885	3,307
SG&A Expenses	5,802	5,392	4,878	3,873	4,173
Operating Income	1,518	75	-1,375	12	-866
Non-operating Income	2	3	164	94	14
Non-operating Expenses	58	64	27	12	52
Ordinary Income	1,462	14	-1,237	94	-904
Extraordinary Income	—	—	0	2	0
Extraordinary Losses	1	—	609	0	687
Pre-tax Income	1,461	14	-1,846	97	-1,591
Income Taxes	445	11	225	30	5
Net Income	1,015	3	-2,071	67	-1,596
EBITDA	1,852	619	-886	411	-518
Gross Margin	39.8%	31.1%	26.9%	31.2%	32.7%
Operating Margin	8.3%	0.4%	-10.6%	0.1%	-8.6%
ROA	9.3%	0.0%	-26.5%	1.1%	-34.3%
ROE	18.4%	0.0%	-39.2%	1.6%	-44.6%

Segment Performance

Unit: ¥M

2026

Segment	Net Sales	Operating Income	Operating Margin
家電事業	—	—	—