TOKYO, May 08 (Pulse News Wire) – Nihon Plast CO.,LTD. (7291.T) reported a special loss due to declining profitability at some domestic facilities, resulting in impairment losses of ¥393 million, primarily affecting the Fuji and Isezaki factories (¥259 million and ¥133 million, respectively).
The impact of this special loss is reflected in the company's latest quarterly consolidated earnings statement released today. Additionally, the company adjusted its fiscal year 2026 consolidated performance forecast.
Compared to previous estimates, the revised figures show: | Metric | Previous Estimate (A) | Actual Result (B) | Difference (B-A) | Variance (%) | |-----------------|----------------------|-------------------|------------------|-------------| | Revenue | ¥113.0 billion | ¥114.9 billion | ¥1.861 billion | 1.6% | | Operating Profit| ¥2.400 billion | ¥2.647 billion | ¥247 million | 10.3% | | Ordinary Profit | ¥1.600 billion | ¥2.499 billion | ¥899 million | 56.2% | | Net Income Attributable to Parent Company Shareholders | ¥1.300 billion | 2,012 | ¥712 million | 54.8% | The variance in revenue was largely offset by exchange rate impacts and production cuts by customers. However, operating profit exceeded expectations due to successful cost pass-through measures, while ordinary profit saw significant improvement thanks to foreign exchange gains.
Despite recording impairment losses, net income attributable to parent company shareholders surpassed initial forecasts owing to higher ordinary profits, along with reversals of product warranty provisions and investment securities sales gains.
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