TOKYO, May 22 (Pulse News Wire) – Nihon Plast CO.,LTD. (7291.T) reported a revenue decline of ¥5.73 billion for the fiscal year ending March 2026 compared to the previous year.
Operating profit fell by ¥124 million due to production cuts across key markets, particularly affecting sales in North America and China. Despite efforts to offset losses through cost rationalization and fixed-cost reductions, the company's operating profit remained negative. In regional breakdowns, Japan saw a slight increase in sales driven by higher demand for HOD handles and new vehicle effects, while North America faced challenges due to production cuts among major clients.
Sales in China also declined due to similar factors. The company expects continued volatility in its operations amid ongoing production adjustments and economic uncertainties. For the upcoming fiscal year, Nihon Plast forecasts a further decrease in operating profit by ¥247 million, citing potential impacts from evolving client strategies and geopolitical risks such as increased energy costs.
The company remains committed to mitigating these risks through strategic investments and enhanced operational efficiency.
🟡 Confidence: Standard AI-translated content.