Nifco Inc. (7988.TO) navigated a complex fiscal environment during the first three quarters of its financial year. While top-line revenue saw a minor contraction, the company managed to improve its bottom-line efficiency. For the nine-month period ending December 31, revenue reached ¥262.33 billion, a slight decline compared to the ¥264.02 billion recorded during the previous year.

Shifting Margins and Earnings

Operating profit remained largely stable at ¥37.72 billion, down marginally from ¥37.86 billion. Pretax profit followed a similar trend, softening to ¥39.43 billion from ¥40.40 billion. Despite these contractions in the upper sections of the income statement, the company’s net profit grew by approximately 2.2%, resulting in earnings per share of ¥301.56.

The results, reported under Japanese accounting standards, highlight the following key financial metrics for the period:

• Net profit rose to ¥28.54 billion from ¥27.92 billion.
• Group revenue declined by approximately ¥1.69 billion year-over-year.
• Earnings per share increased from ¥286.66 to ¥301.56.