Nittoku Reports Higher-than-Expected FY26 Results

TOKYO, May 15 (Pulse News Wire) – Nittoku CO.,LTD. (6145.T) reported its fiscal year 2026 results, which showed higher sales and profits compared to previous forecasts.

For the fiscal year ending March 31, 2026, the company's consolidated revenue was ¥42.41 billion, exceeding the previously forecasted ¥41.00 billion. Operating profit reached ¥5.439 billion, up from the estimated ¥4.600 billion. Similarly, ordinary profit increased to ¥5.492 billion from the earlier projection of ¥4.600 billion. Net income attributable to shareholders also surpassed expectations, rising to ¥3.439 billion from the prior estimate of ¥2.600 billion. The individual performance figures also saw improvements.

Revenue came in at ¥29.82 billion, slightly below the projected ¥30.00 billion. However, operating profit improved to ¥3.860 billion, while net income rose to ¥2.589 billion, surpassing the forecasted levels. The positive variance was attributed to several factors, including the forward movement of planned sales, growth in overseas subsidiaries' revenues, successful price adjustments, and cost reduction efforts. Despite some delays in project completion affecting individual performance, the company managed to achieve higher profitability due to effective pricing strategies and cost management initiatives. This marks a significant improvement over the previous fiscal year’s results, reflecting the company’s robust operational performance and strategic execution.