TOKYO, May 15 (Pulse News Wire) – NOZAWA CORPORATION (5237.T) reported fiscal year 2026 revenue growth of ¥230.0 million, marking a ¥350 million increase compared to the previous fiscal year. Despite challenges such as supply constraints due to labor shortages and geopolitical risks, the company's operating profit reached ¥19 million, a ¥313 million rise from the prior period.
However, net income attributable to parent shareholders declined by -¥550 million to ¥590 million due to increased litigation losses and impairment charges. In detail, general construction products sales decreased by ¥500 million while residential product sales contributed positively, leading to overall revenue growth. Operating expenses were managed effectively through cost-saving measures and price adjustments, resulting in improved profitability despite rising raw material costs and energy prices. The company also noted significant investment in production systems aimed at reducing manufacturing costs and improving efficiency.
For the upcoming fiscal year ending March 2027, NOZAWA forecasts revenue of ¥230.0 million, representing a slight decrease from the current year. Projected operating profit is expected to drop by ¥210 million to ¥1.99 billion, primarily due to anticipated higher input costs and continued supply chain disruptions. Nevertheless, the company anticipates a rebound in earnings, projecting a ¥954 million increase in net income attributable to parent shareholders to ¥1.56 billion. NOZAWA emphasized its commitment to sustainable growth and innovation, highlighting initiatives focused on addressing societal issues such as disaster resilience, environmental conservation, and workforce shortages.
The company plans to enhance its product offerings and expand into new markets, leveraging advanced technologies to improve operational efficiencies and customer satisfaction.
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