For the year ended 31 March 2026, net profit reached Y5.11 billion from Y4.89 billion, while revenue rose to Y141.03 billion from Y134.77 billion.
Operating profit slipped to Y6.62 billion from Y6.82 billion, but pretax profit increased to Y7.47 billion from Y7.20 billion and earnings per share rose to Y173.18.
The Japanese company said the results were prepared under Japanese accounting standards, indicating stronger bottom-line performance despite a modest decline in operating profit.
As Japan champions shareholder value, is Nichiden's share buyback a sign of strength or a tactic to mask declining operational profitability?
With rising revenue but falling operating profit, can Nichiden's automation strategy outpace Japan's crippling labor shortages and construction cost inflation?