NAFCO Boosts Profitability Despite Revenue Decline and Tightens Cash Position

The latest announcement is out from NAFCO Co., Ltd. ( (JP:2790) ).

NAFCO Co., Ltd. reported a 3.6% decline in operating revenues to ¥175.3 billion for the fiscal year ended March 2026, but improved profitability with operating profit rising 29.2% to ¥1.64 billion and ordinary profit up 11.9% to ¥1.49 billion. Net profit increased 21.6% to ¥223 million, while key profitability ratios such as operating margin and ordinary profit to total assets showed modest gains.

The company’s financial position remained solid, with total assets of ¥215.96 billion, a capital adequacy ratio of 70.8%, and net assets per share staying above ¥6,200 despite a slight decline in net assets. Cash flow from operating activities turned positive at ¥3.06 billion compared with a prior-year outflow, though overall cash and cash equivalents fell to ¥8.91 billion due to continued investment and financing outflows, indicating ongoing capital deployment alongside improved core cash generation.

NAFCO plans to hold its general shareholders’ meeting in late June 2026, with the dividend payment and annual securities report filing scheduled around the same time. These timelines signal continuity in shareholder returns and disclosure practices, supporting transparency for investors while the company works to balance revenue pressures with improved earnings efficiency and disciplined capital management.

More about NAFCO Co., Ltd.

NAFCO Co., Ltd. is a general business company listed on the Tokyo Standard market, operating in the retail and home goods sector in Japan. The company serves domestic consumers with a broad product lineup, and maintains a strong capital base with a high equity ratio, reflecting a relatively conservative financial structure and focus on stability.

Average Trading Volume: 7,989

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen61.21B

For detailed information about 2790 stock, go to TipRanks’ Stock Analysis page.