NJ Holdings reports narrower nine-month net loss

4 articles · Updated · MarketWatch · May 8

For the nine months ended 31 March in Japan, the loss improved to Y8.00 million from Y15.00 million a year earlier.
Revenue rose to Y7.58 billion from Y6.69 billion, while operating profit increased to Y123 million from Y19 million.
Pretax profit climbed to Y102 million from Y5 million, but the group still posted a net loss under Japanese accounting standards.

With profits soaring but a net loss remaining, what is the real driver behind NJ Holdings' dramatic financial turnaround?

As Japan's economy rebounds, could rising global energy costs derail NJ Holdings' fragile financial recovery?