In Nihon Seimitsu Co.,Ltd.'s 2026 first-half earnings flash report, ordinary profit was ¥128 million and net income was ¥76 million, down 21.3% and 39.9%, respectively, year on year. The share price declined through early November before showing signs of recovery around 11 November.
Nihon Seimitsu Co.,Ltd. announced its first-half results on 13 November 2026. Interim revenue was ¥4.954 billion, up 32.1% year on year, and operating profit was ¥246 million, up 9.5%. Ordinary profit was ¥128 million and interim net income attributable to owners of the parent was ¥76 million, both down year on year.
The share price rose for 2 consecutive days, gaining 6.77% from the previous day on 9 November and 8.29% on 10 November. It recovered from the low of ¥192 on 6 November to the closing price of ¥217 on 12 November.
According to the summary of the earnings report, a weaker yen and strong orders related to watches contributed to the increase in revenue, while foreign exchange losses caused by yen appreciation and other factors led to a decline in ordinary profit. Interim net income fell 39.9% to ¥76 million.
Performance has continued to improve over the past 12 quarters, with a recovery in the net profit margin, an increase in the equity ratio and a decline in interest-bearing debt.