TOKYO, Apr 30 (Pulse News Wire) – NIHON SEIKAN K.K. (5905.T) reported lower-than-expected results for the fiscal year ending March 2026 compared to its previous forecast released on December 23, 2025.
For the fiscal year ended March 31, 2026, the company's consolidated revenue was reported at ¥1.442 billion, down from the previously estimated ¥2.259 billion. Operating profit stood at ¥307 million, while net income attributable to shareholders of the parent company came in at ¥282.7 million, significantly below the projected ¥349 million. Earnings per share were ¥257.12, compared to the earlier estimate of ¥267.31. The individual performance also showed a deviation from forecasts.
Revenue was reported at ¥5.152 billion, slightly above the prior projection of ¥5.304 billion. However, operating profit fell short of expectations at ¥1.056 billion versus the predicted ¥1.12 billion. Net income dropped to ¥606 million from the anticipated ¥771 million, resulting in earnings per share of ¥112.80 against the forecasted ¥119.20. The discrepancies were attributed to several factors, including extraordinary losses due to asset impairments, depreciation charges, and factory closure costs, along with finalized tax effects impacting the bottom line negatively.
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