Nichirei Maintains FY26 Outlook as Logistics and Processed Foods Offset Business Reforms

Nichirei Corporation ( (JP:2871) ) has shared an announcement.

Nichirei Corporation reported that for the third quarter of FY26/3, performance is broadly in line with its revised full-year plan, with solid net sales growth in its processed foods and temperature-controlled logistics segments offset by flat overall group sales due to structural reforms in its marine, meat and poultry products business. Operating profit returned to growth in the third quarter alone, though cumulative operating profit for the first three quarters declined by ¥1.2 billion year on year; nonetheless, the company left its full-year guidance unchanged, projecting net sales of ¥700 billion, a ¥1.2 billion increase in operating profit to ¥39.5 billion, and record net income of ¥28 billion supported by gains from the sale of an investment security, underscoring confidence in earnings resilience despite ongoing portfolio restructuring.

The most recent analyst rating on (JP:2871) stock is a Hold with a Yen1700.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.

More about Nichirei Corporation

Nichirei Corporation operates in the food industry, with core businesses in processed foods and temperature-controlled logistics, and additional operations in marine, meat and poultry products. The company focuses on supplying frozen and prepared foods and providing cold-chain logistics services, positioning itself as a key player in Japan’s value-added food and refrigerated distribution markets.

Average Trading Volume: 1,748,323

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen484.7B

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