Revenue was 31.4 hundred million yen, up 2.8 hundred million yen year-over-year, and operating income increased to 2.6 hundred million yen. Interim net income attributable to owners of parent expanded to 2.0 hundred million yen. Orders received were 33.1 hundred million yen, down -0.4 hundred million yen year-over-year. Full-year forecasts for the fiscal year ending March 2027 were revised upward: revenue to 78.5 hundred million yen, operating income to 8.0 hundred million yen, and net income to 6.9 hundred million yen. The mid-term plan’s ROE target was raised to 10.0% and DOE was changed to 4.0%. Annual dividend is planned to increase to 107 yen.<\/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,"price_fetched_at":"","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":"1938","jir_company_name":"Nippon Rietec Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/1938-20261109-02.pdf","jir_short_summary":"Revenue was 31.4 hundred million yen, up 2.8 hundred million yen year-over-year, and operating income increased to 2.6 hundred million yen. Interim net income attributable to owners of parent expanded to 2.0 hundred million yen. Orders received were 33.1 hundred million yen, down -0.4 hundred million yen year-over-year. Full-year forecasts for the fiscal year ending March 2027 were revised upward: revenue to 78.5 hundred million yen, operating income to 8.0 hundred million yen, and net income to 6.9 hundred million yen. The mid-term plan's ROE target was raised to 10.0% and DOE was changed to 4.0%. Annual dividend is planned to increase to 107 yen.","jir_summary":"### Key Points of Performance\nInterim revenue was 31.4 hundred million yen, an increase of 2.8 hundred million yen year-over-year, and operating income rose to 2.6 hundred million yen. Orders received were 33.1 hundred million yen, down -0.4 hundred million yen year-over-year. However, profitability improved due to a robust backlog of construction projects, ongoing price negotiations and productivity enhancements. Interim net income attributable to owners of parent was 2.0 hundred million yen. By segment, growth in electrical installation works and railway electrical equipment contributed to results.\n\n### Outlook and Shareholder Returns\nFor the fiscal year ending March 2027, consolidated earnings forecasts have been revised upward to full-year revenue of 78.5 hundred million yen, operating income of 8.0 hundred million yen, and net income of 6.9 hundred million yen. Targets in the mid-term management plan have been revised, raising ROE to 10.0% and DOE to 4.0%. The shareholder return policy will continue stable dividends while changing the DOE benchmark. Annual dividend is expected to be 107 yen.","jir_financial_highlights":"Orders received: 331 hundred million yen (Year-over-Year -4 hundred million yen)\nRevenue: 314 hundred million yen (Year-over-Year +28 hundred million yen)\nOperating income: 26 hundred million yen (Year-over-Year +11 hundred million yen)\nInterim net income attributable to owners of parent: 20 hundred million yen (Year-over-Year +10 hundred million yen)\nConsolidated revenue (full year): 785 hundred million yen (+44 hundred million yen)\nOperating income (full year): 80 hundred million yen (+8 hundred million yen)\nNet income attributable to owners of parent (full year): 69 hundred million yen (+8 hundred million yen)","jir_category":"","jir_hashtags":"#IR, #JapaneseStocks","jir_key_figures":"Orders received: 331 hundred million yen (Year-over-Year -4 hundred million yen)\nRevenue: 314 hundred million yen (Year-over-Year +28 hundred million yen)\nOperating income: 26 hundred million yen (Year-over-Year +11 hundred million yen)\nInterim net income: 20 hundred million yen (Year-over-Year +10 hundred million yen)\nFull-year revenue: 785 hundred million yen (Compared with previous forecast +44 hundred million yen, Compared with beginning-of-period forecast +32 hundred million yen)","jir_meta_title":"Nippon Rietec Co.,Ltd. \u2014 Earnings and Revised Forecasts\uff5cFiscal Year Ending March 2027 Outlook","jir_meta_description":"Summary of Nippon Rietec Co.,Ltd.'s supplementary financial materials released on November 9, 2026. Presents interim revenue and profit results, revisions to the full-year outlook for the fiscal year ending March 2027, adjustments to ROE and DOE targets, and shareholder return policy highlights for investors.","jir_og_title":"Nippon Rietec Co.,Ltd. \u2014 Earnings and Revised Outlook","jir_og_description":"Release dated November 9, 2026 from Nippon Rietec Co.,Ltd. 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