Nichiha (7943) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥34,869 million, down 2.9% year-over-year from ¥35,925 million.

• Operating income decreased 31.7% year-over-year to ¥1,164 million.

• Net income attributable to shareholders fell 58.0% year-over-year to ¥695 million.

• Ordinary income dropped 59.3% year-over-year to ¥951 million.

• Comprehensive income turned negative at ¥(1,665) million, compared to ¥3,677 million in the prior year.

Financial highlights

• Gross profit for Q1 FY2026 was ¥12,043 million, a 1.9% decrease year-over-year.

• Operating margin declined from 4.7% to 3.3% year-over-year.

• Basic earnings per share for the quarter were ¥20.52, compared to ¥47.02 in the prior year.

• Total assets as of June 30, 2025, were ¥169,712 million, down from ¥177,455 million at March 31, 2025.

• Net assets decreased to ¥119,562 million from ¥124,157 million at the previous fiscal year-end.

Outlook and guidance

• Full-year revenue forecast for FY2026 is ¥147,500 million, a 0.7% decrease from the previous year.

• Full-year net income forecast is ¥7,200 million, up 166.0% year-over-year.

• Operating profit is projected to rise 43.8% to ¥10,000 million.

• No revisions to previously announced earnings or dividend forecasts.