The Japanese company posted a Y346.00m loss for the year ended 31 March, as revenue rose to Y11.44bn from Y11.26bn.
Operating loss narrowed to Y307.00m from Y540.00m, while pretax loss improved to Y283.00m from Y476.00m under Japanese accounting standards.
Despite better operating and pretax performance, net loss and per-share loss worsened to Y257.12 from Y249.91, indicating continued pressure on bottom-line earnings.
Why did Nihon Seikan's net loss worsen despite better operational performance?
Does this company's loss signal a wider crisis for Japan's economy?
Is Nihon Seikan's operational gain a true success or a risky accounting move?
Are Japan's governance reforms creating healthier companies or just better-looking reports?
How much did the recent Iran conflict cost this Japanese manufacturer?