Nichiha posts strong profit growth in Q2 FY2026 interim results

Nichiha Corporation reported consolidated sales of JPY 71,083 million for the second quarter of the fiscal year ending March 2026, a 2.7% decrease year-over-year. Despite this, operating profit rose 1.7% to JPY 3,494 million, with the operating profit margin improving to 4.9% from 4.7%. Ordinary profit increased by 14.4% to JPY 3,701 million.

Net profit attributable to parent company shareholders also grew by 34.9% to JPY 2,467 million. For the full fiscal year ending March 2026, Nichiha projects consolidated sales of JPY 145,000 million and an operating profit of JPY 10,000 million, a 43.8% increase over the previous year. Ordinary profit is expected to reach JPY 10,300 million, up 42.0%.

The company anticipates a final dividend of JPY 114 per share for the fiscal year ending March 2026, maintaining a dividend payout ratio of 128.0%. This reflects a commitment to shareholder returns, aligning with the revised dividend policy of 45% or more.