The Tokyo-listed company reported revenue of 483 million yen for the quarter, falling short of the 553 million yen generated in the prior year. Compounding the revenue decline, operating losses widened to 99 million yen, compared to a 40 million yen loss in the previous fiscal cycle. Pretax figures followed a similar downward trajectory, settling at a loss of 180 million yen against the 61 million yen deficit reported in 2024.
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Nichiryoku losses widen to 182 million yen in fiscal first quarter
A sharp downturn in financial performance has left Nichiryoku Co. Ltd. grappling with a net loss of 182 million yen for the first quarter ending June 30. This deficit marks a significant deterioration from the 58 million yen loss recorded during the same period last year, signaling deepening pressure on the firm's bottom line.
Reflecting these results, the company’s earnings per share dropped to a loss of 11.08 yen, down from 3.65 yen per share a year earlier. Nichiryoku has opted to forgo dividends for the first quarter, maintaining a cautious stance as it navigates these fiscal headwinds under Japanese accounting standards.
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