Full-year consolidated earnings forecast for the fiscal year ending July 2026 revised downward. Revenue expected to be below prior forecast, while the progress of the core renovation business is generally on track, but procurement and profitability of bought and resold properties have deteriorated. Due to sustained real estate prices and intensified sourcing competition, results are likely to underperform the plan. Profit is revised reflecting lower revenue and some costs and asset impairment. A revised forecast was announced.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1444","jir_company_name":"Nissou","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/1444-20260911-01.pdf","jir_short_summary":"Full-year consolidated earnings forecast for the fiscal year ending July 2026 revised downward. Revenue expected to be below prior forecast, while the progress of the core renovation business is generally on track, but procurement and profitability of bought and resold properties have deteriorated. Due to sustained real estate prices and intensified sourcing competition, results are likely to underperform the plan. Profit is revised reflecting lower revenue and some costs and asset impairment. A revised forecast was announced.","jir_summary":"### Summary of the earnings forecast revision\nThe today-announced full-year consolidated earnings forecast for the fiscal year ending July 2026 shows that while the renovation business is generally on track, delays in procurement and sales in the core bought and resold property business are prominent, leading to revenue likely to fall short of the previous forecast. Operating in the new brand including the single-family housing segment is showing signs of recovery, but due to delays in building-related approvals and start of new construction, the number of planned lot sales and built-for-sale projects has fallen to 13. As a result, profitability is also expected to underperform, and a revised forecast has been announced.\n\n### Outlook and points of focus\nSustained high real estate prices and intensified sourcing competition are expected to remain key risk factors. Selling, general and administrative expenses were below plan, but could not offset the decline in revenue, with impacts from higher cost of goods sold in core businesses and impairments. Strengthening the sales base for future expansion and improving property selection will be critical going forward.","jir_financial_highlights":"Consolidated net sales: 5,376 (Compared to the prior forecast of 5,515: \u25b3138)\nConsolidated operating income: -42 (Compared to the prior forecast of \u25b316: \u25b326)\nConsolidated ordinary income: -51 (Compared to the prior forecast of \u25b323: \u25b328)\nNet income attributable to owners of parent: -139 (Compared to the prior forecast of \u25b391: \u25b348)\nBasic earnings per share: -127 yen 98 sen (Compared to the prior forecast of \u25b383 yen 75 sen: expected change of about \u25b344 yen 23 sen)","jir_category":"","jir_hashtags":"#Nissou, #EarningsForecastRevision","jir_key_figures":"Sales: 5,376 million yen (previous 5,515 million yen \u2192 \u25b3138 million yen)\nOperating income: \u25b342 million yen (previous \u25b316 million yen \u2192 \u25b326 million yen)\nOrdinary income: \u25b351 million yen (previous \u25b323 million yen \u2192 \u25b328 million yen)","jir_meta_title":"[Nissou] Revision of Earnings Forecast | FY2026 July Period Revenue Expected to Decline","jir_meta_description":"Nissou revises its full-year earnings forecast for the fiscal year ending July 2026. While renovations remain solid, delays in bought and resold properties and real estate market conditions have led to downward revisions in sales and profits. Discussion of future challenges and outlook.","jir_og_title":"[Nissou] Revision of Earnings Forecast | Outlook for FY2026 July","jir_og_description":"Nissou revises its earnings forecast for the fiscal year ending July 2026. Revenue downward revision, with recovery in core business and real estate market impacts. Measures and risks going forward.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60715,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-112858","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n