Naito & Co.,Ltd. [7624.T]

TOKYO, Mar 26 (Pulse News Wire) – Naito & CO.,LTD. (7624.T) revised its fiscal year ending February 2026 earnings forecast due to unfavorable sales conditions influenced by US trade policies.

According to the company's statement released, the latest figures show a revenue decrease compared to previous projections. For the fiscal year ending February 28, 2026, the company reported: - Previous forecast: ¥42.60 billion in revenue - Actual performance: ¥43.52 billion in revenue - Change: Decrease of ¥918 million - Variance rate: -2.2% Despite stable tool sales driven by price hikes from major manufacturers last year, overall sales environment remained challenging due to a downturn in the automotive industry caused by US trade policies. However, aggressive end-of-year sales efforts led to revenues exceeding initial expectations.

In addition, operating profit, ordinary profit, and net income attributable to shareholders also surpassed forecasts, attributed to increased gross profits from higher sales and successful cost-cutting measures. Operating profit saw a significant increase of 55.3%, while ordinary profit rose by 51.2%. The company’s management believes these improvements highlight their ability to adapt despite external pressures, showcasing resilience in key profitability metrics.

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