NISSHА revised its full-year net income forecast downward from the previous profit forecast to a loss, widening the loss from its initial outlook. As a result, both first-half results and the second-half outlook turned negative.
NISSHА announced in its earnings report that consolidated net income for the six months ended 2Q of the fiscal year ending December 2026 was a loss of ¥5.47 billion. The company had posted a profit in the same period a year earlier. Accordingly, its full-year net income forecast was revised downward from the previous profit forecast to a loss of ¥6.2 billion.
Based on first-half results and the full-year forecast, the company's estimate for consolidated net income in the second half, from July to December, is a loss of ¥720 million. Net income for the latest three-month period, 2Q, was a loss of ¥5.89 billion, while the operating margin on sales deteriorated sharply from 2.3% in the same period a year earlier to -10.4%.
The full-year forecast was revised below the previous forecast of ¥198,000 million in revenue, ¥3,200 million in net income and ¥67.5 in adjusted EPS. The new forecast is revenue of ¥195,000 million, net income of -¥6,200 million and adjusted EPS of -¥130.7.
Losses have continued in the three-month results trend, with the latest earnings flash also showing a shift into the red. Attention is now focused on second-half performance and the final size of the loss.