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Revision of earnings forecasts2108Nitten Co.,Ltd.Food

Notice Regarding the Recognition of Extraordinary Gain (Gain on Sale of Investment Securities) and Revision of Earnings Forecast

The Company revised downward its forecasts for revenue, operating income and ordinary income for the cumulative second quarter of the fiscal year ending March 2027, while significantly revising upward its forecast for interim net income due to the expected recognition of a gain on the sale of investment securities. For the full year, forecasts for revenue, operating income and ordinary income were unchanged, while only forecast net income was revised upward.

Worth reading
65In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
3600
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Cumulative second quarter and full yearPrevious forecast published 13 May 2026
Net Sales—→—million
—
Operating profit—→—million
—
Ordinary income—→—million
—
Profit attributable to owners of the parent—→—million
—
Net income per share—→—yen and sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Although revenue and operating income for the cumulative second quarter are expected to fall below the initial forecasts due to delays in sales progress in the sugar business, full-year results are expected to be in line with the initial forecasts. In addition, the Company expects to recognize a gain on the sale of investment securities in the second quarter of the fiscal year, resulting in forecasts for interim net income and net income to exceed the previous forecasts.

Previous-period resultsSecond-quarter results (fiscal year ended March 2026): revenue ¥32,978 million, operating loss ¥148 million, ordinary income ¥271 million, interim net income attributable to owners of the parent ¥1,184 million, and interim earnings per share ¥95.59. Full-year results (fiscal year ended March 2026): revenue ¥68,696 million, operating income ¥52 million, ordinary income ¥758 million, net income attributable to owners of the parent ¥5,032 million, and earnings per share ¥410.85.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesFirst six months 32,000, full year 69,000 → First six months 30,000, full year 69,000(First six months -6.3%, full year -)
Operating profitFirst six months 400, full year 1,300 → First six months 100, full year 1,300(First six months -75.0%, full year -)
Ordinary incomeFirst six months 700, full year 1,800 → First six months 400, full year 1,800(First six months -42.9%, full year -)
Profit attributable to owners of the parentFirst six months (interim net income attributable to owners of the parent) 400, full year 1,200 → First six months (interim net income attributable to owners of the parent) 4,000, full year 4,800(First six months 900.0%, full year 300.0%)
Net income per shareFirst six months (interim earnings per share) 33.09, full year 99.27 → First six months (interim earnings per share) 339.97, full year 407.97(First six months -, full year -)
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredCumulative second quarter and full year
Publication date of previous forecast13 May 2026
Previous-period resultsSecond-quarter results (fiscal year ended March 2026): revenue ¥32,978 million, operating loss ¥148 million, ordinary income ¥271 million, interim net income attributable to owners of the parent ¥1,184 million, and interim earnings per share ¥95.59. Full-year results (fiscal year ended March 2026): revenue ¥68,696 million, operating income ¥52 million, ordinary income ¥758 million, net income attributable to owners of the parent ¥5,032 million, and earnings per share ¥410.85.
Reason for the revisionAlthough revenue and operating income for the cumulative second quarter are expected to fall below the initial forecasts due to delays in sales progress in the sugar business, full-year results are expected to be in line with the initial forecasts. In addition, the Company expects to recognize a gain on the sale of investment securities in the second quarter of the fiscal year, resulting in forecasts for interim net income and net income to exceed the previous forecasts.
Consolidated / non-consolidatedConsolidated
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.

Although revenue and operating income for the cumulative second quarter are expected to fall below the initial forecasts due to delays in sales progress in the sugar business, the Company expects to recognize a ¥5,400 million gain on the sale of investment securities in the second quarter of the fiscal year, resulting in forecasts for interim net income attributable to owners of the parent and net income to exceed the previous forecasts.

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Notice Regarding the Recognition of Extraordinary Gain (Gain on Sale of Investment Securities) and Revision of Earnings Forecast | Nitten Co.,Ltd. (2108) timely disclosure | Komori