Amiya Corp. Hits Day High with 7.95% Surge Amid Market Decline

Amiya Corp., a small-cap player in the software products industry, has shown significant activity today, gaining 7.95% and reaching an intraday high of JPY 2,878.00. This performance stands in stark contrast to the Japan Nikkei 225, which declined by 1.12% on the same day. Despite a challenging week with a 12.01% drop, Amiya Corp. has demonstrated impressive long-term growth, boasting a remarkable 74.1% increase over the past year. The company's financial health is underscored by a high return on equity (ROE) of 26.15% and a low debt-equity ratio of -1.20, indicating strong management efficiency and a solid cash position. Amiya Corp. has also reported robust sales growth, with net sales increasing at an annual rate of 25.35% and operating profit rising by 30.08%. The company's inventory turnover ratio stands at 6.58 times, reflecting effective inventory management. With a market capitalization of JPY 27,063 million, Amiya Corp. continues to position itself as a noteworthy entity within its sector.