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Nankai Plywood Co. Ltd. reported net profit of ¥350 million for the half-year ended Sept. 30, down from ¥972 million a year earlier, despite higher revenue and operating profit, according to results prepared under Japanese accounting standards.
Revenue rose to ¥19.58 billion from ¥12.57 billion in the corresponding 2025 period. Operating profit increased to ¥953 million from ¥833 million.
Pretax profit, however, fell to ¥890 million from ¥1.61 billion. Earnings per share were ¥72.32, compared with ¥200.81 a year earlier.
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