Maruha Nichiro posts revenue growth, operating income surges

Maruha Nichiro Corporation reported net sales of 263,597 million yen for the first quarter, up 2.6% year-on-year. Operating income surged 23.1% to 9,428 million yen.

However, ordinary income fell 5.3% to 9,343 million yen, while profit attributable to owners declined 0.6% to 6,499 million yen.

The company forecasts full-year net sales of 1,080,000 million yen and profit of 17,500 million yen for the fiscal year ending March 2026.