TOKYO, May 12 (Pulse News Wire) – Nippn Corporation (2001.T) reported robust performance for the fiscal year ended March 2026, with revenue reaching ¥4.300 billion, up 101.8% percent from the previous year. Operating profit stood at ¥214.0 billion, marking a 102.8% percent increase, while ordinary profit was recorded at ¥248.7 billion, a rise of 102.0% percent.
However, net income attributable to shareholders declined to ¥214.0 billion due to the absence of special gains from land sales in the prior year. The company attributed its strong results to expanded marketing efforts across consumer and commercial sectors, leading to increased sales and profitability. Additionally, investments such as the construction of a new frozen food factory by subsidiary Hatanaka Foods and the commencement of operations at the Chita flour mill contributed significantly to cost reductions and operational efficiency. Looking ahead, Nippn Corporation forecasts continued growth for the fiscal year ending March 2027, anticipating revenues of ¥4.300 billion, a 102.8% percent increase.
Despite rising costs, particularly in personnel expenses and raw materials, the company expects pre-depreciation operating profit to grow. However, depreciation charges associated with new facilities are expected to temper overall earnings, projecting operating profit at ¥195 billion, a 88.3% percent increase, and ordinary profit at ¥210 billion, a 84.4% percent rise. Net income is forecasted to reach ¥21.20 billion, a 97.2% percent decrease compared to the previous year. In terms of dividends, the board plans to propose an interim dividend of ¥35 per share, bringing the annual dividend to ¥68 per share, reflecting the company's commitment to shareholder returns despite anticipated challenges in the coming fiscal year.
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