Nareru Group Posts Profit Decline but Affirms 2026 Outlook and Dividend Plan

The latest update is out from Nareru Group Inc. ( (JP:9163) ).

Nareru Group Inc. reported revenue of ¥6.28 billion for the three months ended January 31, 2026, up 6.5% year on year, but saw operating profit fall 19.6% to ¥724 million and profit attributable to owners of parent decline 23.5% to ¥497 million. Despite the earnings contraction, the balance sheet remained solid with total assets of ¥24.35 billion and an equity ratio of 59.4%, and the company kept its full-year dividend forecast unchanged at ¥115 per share.

For the fiscal year ending October 31, 2026, Nareru projects a strong 21.1% increase in full-year revenue to ¥29.25 billion and mid- to high-teens growth in gross profit, while expecting only modest 6.5% growth in operating profit and virtually flat net profit, indicating pressure on margins. Management has not revised its previously announced earnings outlook, signaling confidence in top-line expansion but suggesting stakeholders should brace for weaker profitability trends in the near term even as dividend levels are maintained.

The most recent analyst rating on (JP:9163) stock is a Hold with a Yen2409.00 price target. To see the full list of analyst forecasts on Nareru Group Inc. stock, see the JP:9163 Stock Forecast page.

More about Nareru Group Inc.

Nareru Group Inc., listed on the Tokyo Stock Exchange, operates under IFRS reporting standards and appears focused on service-driven businesses reflected in its recurring revenue profile. The company targets continued growth while maintaining a strong equity ratio near 60%, suggesting a relatively sound financial base aimed at supporting stable shareholder returns.

Average Trading Volume: 58,105

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen20.48B

See more insights into 9163 stock on TipRanks’ Stock Analysis page.