NIPPON EXPRESS HOLDINGS released its IFRS results. Cumulative nine-month net profit rose to ¥47.9 billion, and the full-year profit forecast was revised up 14.3%, from the previous ¥70.0 billion to ¥80.0 billion.
Consolidated net profit for the cumulative third quarter, or the nine months ended September, of the fiscal year ending December 2026 surged to ¥47.9 billion, 4.1 times the year-earlier level.
The full-year forecast announced the same day was revised up from the previous ¥70.0 billion to ¥80.0 billion, with the expected profit growth rate set to expand substantially.
Consolidated net income for the second half was also raised from the previous forecast of ¥45.7 billion to ¥55.7 billion, with a return to profitability expected.
In the latest three quarters, third-quarter net profit was ¥23.6 billion, 7.6 times the year-earlier level, while the operating margin on sales also improved substantially.