Nichiban's consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2027 (April–September) increased 66.8% year on year to ¥1.75 billion, exceeding the previous forecast. Progress against the full-year plan was 47.4%, and ordinary profit for the second half is calculated as expected to increase to ¥1.94 billion.
Nichiban released its earnings report, showing consolidated ordinary profit of ¥1.75 billion, more than double the figure for the same period of the previous fiscal year.
Progress against the full-year plan reached 47.4%, exceeding the previous plan of ¥3.7 billion.
Consolidated ordinary profit for the July–September quarter was ¥1.08 billion, 2.9 times the year-earlier level, while the operating profit margin on sales improved sharply from 3.1% to 8.5%.
The company expects ordinary profit for the October–March second half to increase to ¥1.94 billion.