Nitta Corporation Reports Stable Net Sales, Decline in Net Income by 9% for Q1 2025
Nitta Corporation reported stable net sales of ¥21.625 billion for Q1 2025, a slight decrease from the previous year. However, net income fell by 9% to ¥2.744 billion. Operating income decreased by 5.7%, and ordinary income dropped by 11.9%. For the first half of the fiscal year, the company forecasts net sales of ¥45 billion, a 1.5% increase, but a net income decline of 2.3%. For the full year, projected net sales are ¥92 billion, up 1.9%, with a net income decrease of 5.2%.
Nitta Corporation has released its consolidated financial results for the three months ended June 30, 2025, under Japanese GAAP. The company reported net sales of ¥21.625 billion, nearly unchanged from ¥21.634 billion in the same period last year, marking a slight decrease of 0.0%. Operating income fell by 5.7% to ¥1.095 billion, down from ¥1.162 billion in the previous year. Ordinary income experienced an 11.9% decline to ¥3.174 billion, compared to ¥3.603 billion for the same period in 2024. Net income attributable to owners of the parent decreased by 9.0% to ¥2.744 billion, from ¥3.015 billion in the previous year. For the first half of the fiscal year, Nitta Corporation forecasts net sales of ¥45 billion, a 1.5% increase, and a net income of ¥5.7 billion, reflecting a 2.3% decline. For the full year, the company projects net sales of ¥92 billion, up 1.9%, and a net income of ¥11.5 billion, a decrease of 5.2%. The company has not revised its most recent earnings forecast. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nitta Corporation published the original content used to generate this news brief on August 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
