TOKYO, Mar 19 (Pulse News Wire) – Nomura Corporation (7131.T) reported strong first quarter fiscal year 2026 results, achieving a significant increase in revenue and operating profit compared to the same period last year. Revenue grew by 11.1% while operating profit increased by 74.2%.
The robust performance was primarily driven by favorable sales trends in packaging machinery, which contributed significantly to overall growth. Additionally, efforts to enhance operational efficiency through digital transformation helped control selling and administrative expenses, thereby boosting profitability. Regarding the progress of the current fiscal year, the company noted that the first quarter saw steady advancement of previously accumulated orders in the machinery sector, aligning well with its strategic plans. As of now, the progress rate stands at approximately 50%, indicating that the company is largely on track with its initial forecasts.
In addressing concerns around rice prices impacting packaging materials demand, Nomura Sangyo highlighted that despite consumer hesitation due to high rice costs, there has been a stable expansion in demand for freshness preservation materials and small bag packaging. Both sectors continue to operate robustly, supporting the company's overall performance. Looking ahead, the firm emphasized its commitment to monitoring market conditions closely, particularly noting potential positive impacts on packaging material demand should consumer purchasing behavior improve with stabilized rice prices. However, at present, no major disruptions to projected earnings have occurred.
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