Nichias Corp reports lower FY2026 net profit

3 articles · Updated · MarketWatch · May 11

For the year ended 31 March in Japan, net profit was Y31.63 billion, while revenue fell to Y251.91 billion from Y256.51 billion.
Operating profit declined to Y37.01 billion from Y39.73 billion and pretax profit to Y39.38 billion from Y41.69 billion.
Despite the profit decline, earnings per share rose to Y165.59 from Y163.79, with results prepared under Japanese accounting standards.

How did Nichias deliver higher earnings per share to investors even as its net profit fell?

With profits down but its stock soaring, what is the real driver behind Nichias Corp.'s market value?

Is Nichias Corp.'s bet on fusion energy a visionary move or a risky distraction from its core businesses?