Nichidai Dai Reports Loss Amid Economic Uncertainty

TOKYO, May 01 (Pulse News Wire) – Nichidai Corporation (6467.T) reported a lower net profit of ¥7.304 billion for the fiscal year ended March 31, 2026, compared to a profit of ¥500 million in the previous year. Revenue was ¥109.9 billion, down 10.9% from -¥126 million last year due to reduced demand across its major segments.

In the precision parts division, revenue dropped to ¥42 million, down 12.5%, while sales of molds declined to ¥44.6 billion, a decrease of 14%. Filter sales also saw a decline to ¥22.8 billion, down 15.5%. The company's lower operating profit was -¥408 million, compared to an operating profit of ¥153 million last year.

Additionally, extraordinary losses included impairment charges totaling ¥235.9 million related to fixed assets and reorganization costs of -¥85 million associated with the merger of its Thai subsidiary. Nichi Dai’s total assets decreased by ¥11.60 billion to ¥139.8 billion, primarily due to reductions in cash and inventory balances. Shareholders’ equity stood at ¥107.5 billion, reflecting a reduction of ¥4 million from the previous year.

The company plans to hold an earnings briefing via video conference in mid-June to further discuss these results.