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Nippon Aqua Corrects Ordinary Profit Comparison in 2026 Forecast

Story Highlights
  • Nippon Aqua corrected an error in its 2026 financial forecast, clarifying that ordinary profit comparisons should be made against 2025 results, not 2024.
  • The company revised the prior-year ordinary profit figure to 2,794 million yen, changing the projected year-on-year increase in ordinary profit to 4.1 percent.
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Nippon Aqua Corrects Ordinary Profit Comparison in 2026 Forecast

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The latest announcement is out from Nippon Aqua Co., Ltd. ( (JP:1429) ).

Nippon Aqua Co., Ltd. has issued a correction to its previously announced business results for the fiscal year ended December 2025, after discovering that a key comparison in its financial forecast used the wrong base year. The company clarified that ordinary profit projections for the fiscal year ending December 2026 should have been compared with actual results for 2025 rather than 2024, and adjusted the referenced prior-year ordinary profit figure from 2,604 million yen to 2,794 million yen, revising the indicated year-on-year change to plus 4.1%.

The most recent analyst rating on (JP:1429) stock is a Hold with a Yen933.00 price target. To see the full list of analyst forecasts on Nippon Aqua Co., Ltd. stock, see the JP:1429 Stock Forecast page.

More about Nippon Aqua Co., Ltd.

Nippon Aqua Co., Ltd., listed on the Tokyo Stock Exchange Prime Market under securities code 1429, operates in Japan’s construction and building materials sector. Headquartered in Tokyo’s Minato Ward, the company is involved in insulation and related solutions that support energy-efficient building and housing markets nationwide.

YTD Price Performance: 1.85%

Average Trading Volume: 110,201

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen28.4B

Find detailed analytics on 1429 stock on TipRanks’ Stock Analysis page.

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