Nisshin Group Holdings Faces Minor Downtrend

Nisshin Group Holdings Co., Ltd. (JP:8881) has released an update.

Nisshin Group Holdings Co., Ltd. reports a minor decrease in net sales and a net loss for the three months ended June 30, 2024, compared to the same period in 2023, with a slight year-on-year downtrend in operating and ordinary profits. The company’s total assets decreased marginally while equity ratio remained steady, and they maintain a consistent dividend payout forecast for the fiscal year. Despite short-term setbacks, Nisshin Group Holdings projects a modest increase in net sales and profits for the full year ending March 31, 2025.

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