The Owariasahi-based company posted net profit of Y18.16 billion for the year ended 31 March, versus Y19.24 billion a year earlier, while revenue rose to Y74.48 billion from Y71.85 billion.
Operating profit fell to Y24.98 billion from Y26.91 billion, pretax profit slipped to Y26.32 billion from Y27.03 billion, and earnings per share declined to Y1.47 from Y1.56.
The results were prepared under Japanese accounting standards, showing higher sales but weaker profitability across key earnings measures in the latest full-year performance.
With costs soaring and profits falling, can Maruwa's bet on the booming AI and EV markets actually pay off for investors?
Is Maruwa's profit squeeze a warning sign for Japan's entire manufacturing sector as it confronts a new era of inflation?