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Revision of earnings forecasts2108Nitten Co.,Ltd.Food

Notice Regarding Differences Between Consolidated Earnings Forecasts and Actual Results and Between Current and Previous Fiscal Year Results on an Unconsolidated Basis

For the fiscal year ending March 2026, consolidated net sales were slightly below the full-year forecast announced on 13 February, while profit exceeded the forecast. On an individual basis, net sales and net income increased from the previous fiscal year, while operating income and ordinary income declined.

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153
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Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 13 February 2026
Net Sales69,000→68,696million
-0.4%
Operating profit-400→52million
+113.0%
Ordinary income300→758million
+153.0%
Profit attributable to owners of the parent4,700→5,032million
+7.1%
Net income per share382.19→410.85yen and sen
+7.5%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

On a consolidated basis, profit exceeded the forecast mainly because the inventory valuation loss on raw sugar inventories used for beet sugar production decreased. On an individual basis, operating income and ordinary income declined as selling prices fell due to lower overseas raw sugar prices, while net income increased because gains on sales of investment securities increased.

Previous-period resultsConsolidated (fiscal year ended March 2025): net sales of ¥64,796 million, operating income of ¥535 million, ordinary income of ¥1,124 million, net income attributable to owners of the parent of ¥2,703 million, and net income per share of ¥215.15. Individual (fiscal year ended March 2025): net sales of ¥62,824 million, operating income of ¥636 million, ordinary income of ¥1,269 million, net income of ¥2,973 million, and net income per share of ¥236.63.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net Sales¥69,000 million → ¥68,696 million(-0.4%)
Operating profit¥-400 million → ¥52 million
Ordinary income¥300 million → ¥758 million(+153.0%)
Profit attributable to owners of the parent¥4,700 million → ¥5,032 million(+7.1%)
Net income per share382.19 yen and sen → 410.85 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast13 February 2026
Previous-period resultsConsolidated (fiscal year ended March 2025): net sales of ¥64,796 million, operating income of ¥535 million, ordinary income of ¥1,124 million, net income attributable to owners of the parent of ¥2,703 million, and net income per share of ¥215.15. Individual (fiscal year ended March 2025): net sales of ¥62,824 million, operating income of ¥636 million, ordinary income of ¥1,269 million, net income of ¥2,973 million, and net income per share of ¥236.63.
Reason for the revisionOn a consolidated basis, profit exceeded the forecast mainly because the inventory valuation loss on raw sugar inventories used for beet sugar production decreased. On an individual basis, operating income and ordinary income declined as selling prices fell due to lower overseas raw sugar prices, while net income increased because gains on sales of investment securities increased.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

On a consolidated basis, operating income, ordinary income and net income attributable to owners of the parent exceeded the forecast, mainly because the inventory valuation loss on raw sugar inventories used for beet sugar production decreased. On an individual basis, operating income and ordinary income declined as selling prices fell due to lower overseas raw sugar prices, while net income increased because gains on sales of investment securities increased.

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Notice Regarding Differences Between Consolidated Earnings Forecasts and Actual Results and Between Current and Previous Fiscal Year Results on an Unconsolidated Basis | Nitten Co.,Ltd. (2108) timely disclosure | Komori