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29612026 Q1StandardJGAAP

NITCHO (2961) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥3.3B (-11.7% year on year) and operating loss ¥185.0M. The segment drivers and cash flow follow.

NITCHO CORPORATION

Construction & Materials/Metal Products


Financial Highlights

  • Net Sales: ¥3.30B
  • Operating Income: ¥-185M
  • Net Income: ¥-140M
  • EPS: ¥-125.91

Income Statement

ItemCurrentPriorYoY %
Net Sales¥3.30B¥3.74B−11.7%
Cost of Sales¥2.43B¥2.77B−12.1%
Gross Profit¥869M¥974M−10.7%
SG&A Expenses¥1.05B¥981M+7.5%
Operating Income−¥185M−¥7M−2542.9%
Non-operating Income¥5M¥38M−87.9%
Non-operating Expenses¥649,000¥523,000+24.1%
Ordinary Income−¥181M¥29M−724.1%
Profit Before Tax−¥181M¥30M−713.0%
Income Tax Expense−¥41M¥15M−374.7%
Net Income−¥140M¥14M−1100.0%
Interest Expense¥468,000¥320,000+46.2%
Basic EPS−¥125.91¥13.10−1061.1%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥9.38B¥10.05B−¥667M
Cash and Deposits¥3.13B¥3.49B−¥354M
Accounts Receivable¥2.46B¥3.52B−¥1.05B
Inventories¥1.75B¥1.07B+¥678M
Non-current Assets¥3.23B¥3.22B+¥12M
Property, Plant & Equipment¥2.47B¥2.51B−¥40M
Intangible Assets¥16M¥16M−¥265,000
Total Assets¥12.61B¥13.27B−¥655M
Current Liabilities¥4.32B¥4.64B−¥323M
Accounts Payable¥1.46B¥1.23B+¥226M
Short-term Loans¥230M¥230M¥0
Non-current Liabilities¥1.13B¥1.15B−¥27M
Total Liabilities¥5.45B¥5.80B−¥350M
Total Equity¥7.17B¥7.47B−¥306M
Capital Stock¥800M¥800M¥0
Capital Surplus¥272M¥272M¥0
Retained Earnings¥6.15B¥6.46B−¥307M
Treasury Stock−¥67M−¥67M¥0
Owners' Equity¥7.17B¥7.47B−¥306M
Working Capital¥5.07B--

Profitability Ratios

ItemValue
Net Profit Margin−4.2%
Gross Profit Margin26.3%
Current Ratio217.3%
Quick Ratio176.7%
Debt-to-Equity Ratio0.76x
Interest Coverage Ratio−395.30x
Effective Tax Rate22.8%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−11.7%
Ordinary Income YoY Change−724.1%
Profit Before Tax YoY Change−713.0%
Net Income YoY Change−1100.0%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)1.14M shares
Treasury Stock23K shares
Average Shares Outstanding1.11M shares
Book Value Per Share¥6,442.42

Full Year Forecast

ItemForecast
Net Sales Forecast¥19.10B
Operating Income Forecast¥820M
Ordinary Income Forecast¥830M
Net Income Forecast¥500M
Basic EPS Forecast¥449.87
Dividend Per Share Forecast¥180.00