Nichiryoku Swings to Profit as Net Income Hits 598 Million Yen

The Tokyo-listed firm’s earnings per share reached 35.37 yen, a stark improvement compared to the previous year’s loss of 7.08 yen per share. Despite the bottom-line recovery, the company’s underlying operations faced continued pressure, with revenue slipping to 962 million yen from 1.12 billion yen a year earlier. Operating losses widened to 194 million yen, up from a 70 million yen deficit in the prior year, while pretax losses deepened to 344 million yen. The results, prepared under Japanese accounting standards, reflect a complex fiscal landscape where non-operating factors likely bolstered the final net result despite the contraction in top-line revenue. Nichiryoku has opted to maintain a policy of no midyear dividends for the current fiscal cycle.