Nichirei to Shift Fiscal Year-End to December to Align Global Group Reporting

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

Nichirei Corporation has resolved to change its fiscal year-end from March 31 to December 31, subject to shareholder approval of amendments to its Articles of Incorporation at the June 2026 annual general meeting. The shift, which will create a nine-month transitional 109th fiscal period from April 1 to December 31, 2026 and align non-December year-end subsidiaries, is aimed at strengthening the group’s global management base and improving transparency through more timely, unified disclosure of management information; detailed earnings forecasts for the shortened fiscal period and the final form of the article amendments will be announced later in 2026.

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 is a Japan-based company listed on the Tokyo Stock Exchange Prime Market (securities code 2871), operating in the food and related services industry. It oversees a group of consolidated subsidiaries and manages its business on a global basis, requiring coordinated financial reporting across the group.

Average Trading Volume: 1,748,323

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen484.7B

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