NISSHIN SEIFUN GROUP INC. [2002.T]
TOKYO, May 14 (Pulse News Wire) – Nisshin Seifun Group Inc. (2002.T) reported higher operating profit and ordinary profit for the fiscal year ended March 2026, despite challenges such as falling wheat prices and foreign exchange impacts.
Revenue reached ¥8.65 trillion, up 1.01% year-over-year, driven by increased engineering projects and robust sales in processed food and yeast-bio businesses. Operating profit stood at ¥466.85 billion, while ordinary profit was ¥513.97 billion, marking increases of 1.00% and 4.04%, respectively. For the next fiscal year ending March 2027, the group forecasts lower operating and ordinary profits due to rising costs amid geopolitical tensions in the Middle East.
However, net profit attributable to parent shareholders is expected to rise to ¥410 billion, thanks to further reductions in policy-held shares and asset disposals. The company also plans to increase dividends per share to ¥100 from ¥90, reflecting its commitment to enhancing shareholder returns and capital efficiency. Despite cost pressures, Nisshin Seifun continues to navigate through challenging conditions, maintaining strong operational performance across key segments.
The firm’s strategic initiatives, including stock buybacks worth ¥176 billion, underscore its focus on long-term growth and profitability.
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