Source disclosure: January 15, 2026
NODA CORPORATION [7879.T]
TOKYO, Jan 15 (Pulse News Wire) – Noda Corporation (7879.T) revised its fiscal year 2025 forecast lower due to asset impairment charges related to its wood-based building materials business. The company reported a significant deviation from its previously stated estimates released on October 15, 2025.
For the fiscal year ending November 2025, the company's preliminary earnings showed a revenue increase of ¥1 billion compared to the previous estimate. However, operating profit remained largely unchanged while net income was impacted negatively by a special loss of ¥1 billion recorded as part of fixed asset impairments.
"The improved sales performance reflects our conservative initial projections amid challenging market conditions," commented President Etsu Noda. "However, delays in profitability improvements within our wood-based construction materials division led us to reassess future recoverability, resulting in substantial impairment losses." Despite the downward revision in net income, the company noted that overall operating and ordinary profits aligned closely with earlier forecasts.
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