【Nichiwa】Domestic and International Construction Material Business Revenue Increase, but Revenue Decline Due to Overseas Withdrawal｜2027 Q1 Results

Performance Overview

Nichiwa's first quarter of the fiscal year ending March 2027 recorded net sales of 33.9 billion yen, a 2.5% decrease YoY. However, driven by price revisions in domestic and international construction material business and withdrawal from unprofitable segments, operating profit increased by 62.6% to 18.9 billion yen, ordinary income rose by 100.4% to 19.0 billion yen, and net income attributable to owners of the parent surged by 245.2% to 24.0 billion yen, marking significant profit growth. These results are attributed to improved profit margins and cost management despite responding to sluggish domestic housing markets and uncertain overseas conditions.

Outlook and Impact on Shareholders

Nichiwa maintains its full-year earnings forecast for 2027 without changes and continues to focus on solid business operations. The dividend forecast is also maintained, emphasizing shareholder returns. Despite uncertainties in overseas markets and domestic housing demand, the company plans to reinforce its earnings base through price revisions and business restructuring. Investors can expect a balance of profit expansion and stable dividends.