TOKYO, May 13 (Pulse News Wire) – Nichias Corporation (5393.T) reported its fiscal year 2026 earnings, which fell short of initial projections. Revenue for the fiscal year ended March 2026 was ¥2.500 billion, down 1.8% from the previous year.
Operating profit declined to ¥370 billion, marking a 5.6% decrease compared to the prior fiscal year. Despite lower revenues and operating profits, net income saw a slight improvement due to reduced tax expenses, reaching ¥316 billion. Looking ahead, NICHAS expects a turnaround in the semiconductor market to drive growth. For the next fiscal year ending March 2027, the company projects revenue of ¥2.600 billion, with operating profit forecast at ¥450 billion. The anticipated increase reflects efforts to optimize operations and strategic investments aimed at enhancing profitability across various segments.
In addition to financial performance, NICHAS highlighted initiatives focused on sustainability and operational efficiency. Key goals include reducing carbon emissions, improving product quality, and increasing production efficiency. The company also plans to expand its investment in research and development to maintain competitive advantage in emerging markets. NICHAS continues to emphasize shareholder returns through consistent dividend increases and share buybacks. The board approved a regular annual dividend of ¥58 per share for the upcoming fiscal year, alongside special celebratory dividends marking the company's 130th anniversary.
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