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Nichiha Corporation ( (JP:7943) ) has provided an announcement.
Nichiha Corporation reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a 4% increase in net sales to ¥148,478 million. However, the company experienced a significant decline in profits, with operating profit down by 31.9% and ordinary profit dropping by 38.8%. The profit attributable to owners of the parent fell by 66.4%, reflecting challenges in maintaining profitability despite increased sales. The company forecasts a recovery in the fiscal year ending March 31, 2026, with expectations of a 43.8% increase in operating profit and a 42% rise in ordinary profit, indicating potential improvements in operational efficiency and market conditions.
More about Nichiha Corporation
Nichiha Corporation operates in the construction materials industry, primarily focusing on manufacturing and selling fiber cement sidings and related products. The company is listed on the Tokyo and Nagoya Stock Exchanges, and it serves a diverse market with a focus on innovative building solutions.
Average Trading Volume: 48,215
Technical Sentiment Signal: Hold
Current Market Cap: Yen108B
For an in-depth examination of 7943 stock, go to TipRanks’ Stock Analysis page.