Despite the sharp decline in bottom-line earnings, revenue saw a marginal increase, climbing to 58.35 billion yen compared to 57.50 billion yen in the prior year. The company’s operating profit also faced downward pressure, slipping to 1.65 billion yen from 2.25 billion yen. Pretax profit followed a similar trajectory, settling at 1.59 billion yen against 2.04 billion yen reported in 2025. These figures, calculated under Japanese accounting standards, resulted in earnings per share of 55.63 yen, a significant decrease from the previous year’s 87.06 yen.
Warabeya Nichiyo Net Profit Slides to 963 Million Yen
A 37% drop in net profit marked the first quarter for Warabeya Nichiyo Holdings as the Japanese food supplier struggled to maintain margins. Net profit for the period ended May 31 fell to 963 million yen, down from 1.52 billion yen during the same quarter last year, according to the company’s latest financial disclosure.
When reusing this material a link to Money Talk is required.
Comments (0)
No comments yet. Be the first!