Nitta Corporation announced its interim results for the fiscal year ending March 2027. Interim ordinary income came to ¥10,116 million, exceeding the preliminary forecast of ¥9,000 million.
Nitta Corporation announced ordinary income of ¥10,116 million for the interim period of the fiscal year ending March 2027. The results were 12.4% above the market forecast.
The full-year outlook announced the same day forecasts ordinary income of ¥18,000 million, unchanged from the previous forecast. The outlook for higher earnings indicates growth of 21.5%. This is 3.2% below the IFIS consensus.
Related stocks include Asahi Rubber Inc., Okamoto Industries, Inc., Nishikawa Rubber Co., Ltd. and Sumitomo Rubber Industries, Ltd. This article is based on the outlook from IFIS Japan.