NICHIWA SANGYO CO.,LTD. [2055.T]
TOKYO, May 12 (Pulse News Wire) – Nichiwa Sangyo CO.,LTD. (2055.T) reported its fiscal year 2026 earnings forecast and actual results for the period ending March 31, 2026.
The company noted a difference between the previously announced forecast and today's actual figures due to lower raw material costs impacting profitability. For the fiscal year ended March 31, 2026, the company’s consolidated operating profit was higher than initially projected. Specifically, the previous forecast indicated an operating profit of ¥400 million, while the actual result showed an operating profit of ¥1.456 billion, marking a significant increase.
Similarly, the net income per share improved from ¥16.6 million to ¥20.9 million. The discrepancy is attributed to reduced raw material prices in the feed business, which positively impacted both operating and ordinary profits. Additionally, the company recorded a special loss of ¥600 million due to impairment charges related to its subsidiary, Touwa Zoku Sanpo Co., Ltd., reflecting a decline in farm profitability.
This update highlights the unexpected positive impact of cost reductions on Nichiwa Sangyo's financial performance.
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