From Ocean To Dining, Challenges For The Better Future.
NICHIMO CO., LTD.
Prime Market
NICHIMO CO., LTD.
NICHIMO CO., LTD.
FYE3/2025 ResultsNICHIMO CO., LTD.
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Business overview
Net sales reached a new high, supported by steady growth in the four core businesses despite a challenging external environment.
Operating profit rebounded sharply, in line with initial forecasts, following the elimination of non-performing assets.
The Machinery Business drove the overall performance by successfully completing large-scale projects during the year.
Overview of four core businesses
Food: Sales and profits increased. Strong sales of fresh frozen seafood products-particularly crab, scallops, and frozen fish
from northern waters-more than offset sluggish sales of Pollock roe.
Marine: Sales and profits increased. Solid sales of aquaculture materials and feed offset weak sales of fishing nets and gear.
Machinery: Sales and profits increased. A broad range of order intake, including large-scale projects, contributed significantly to
the overall performance.
Materials: Sales and profits increased. A focus on profitability in sales activities paid off, despite the impact of soaring raw material prices.
Financial Highlights: Achieved V-Shaped Recovery in Line with Initial Forecasts, Driven by Steady Growth in Four Core Businesses
Net sales: ¥133,900mn, up 4.8% YoY, setting a new record high Operating profit: ¥3,002mn, up 48.6% YoY
Operating profit: ¥3,002mn (+48.6%)
Machinery contributed significantly to overall performance by completing large-scale projects during FYE3/2025.
Profitability improved substantially following the elimination of non-performing assets.
(Millions of yen) | FYE3/2024 | % of net sales | FYE3/2025 | % of net sales | YoY change (%) | Initial plan (Initial forecast) |
Net sales | 127,756 | 100.0% | 133,900 | 100.0% | +4.8% | 135,000 |
Gross profit | 10,780 | 8.4% | 12,228 | 9.1% | +13.4% | - |
SG&A expenses | 8,760 | 6.9% | 9,225 | 6.9% | +5.3% | - |
Operating profit | 2,020 | 1.6% | 3,002 | 2.2% | +48.6% | 3,400 |
Ordinary profit | 2,562 | 2.0% | 3,601 | 2.7% | +40.6% | 3,600 |
Profit attributable to owners of parent | 2,349 | 1.8% | 2,666 | 2.0% | +13.5% | 2,600 |
FYE3/2025 Results: Highest Ever Net Sales with Significantly Improved Profitability
Net sales hit a record high, supported by steady growth across the four core businesses.
Net sales: ¥133,900mn (+4.8%)
(Millions of yen) | FYE3/2024 | ％ of total | FYE3/2025 | % of total | YoY change | |
Total | Net sales | 127,756 | 100.0 | 133,900 | 100.0 | +6,144 |
Operating profit | 2,020 | - | 3,002 | - | +982 | |
Food | Net sales | 82,288 | 64.4 | 84,102 | 62.8 | +1,813 |
Operating profit | 1,636 | 45.1 | 1,953 | 41.0 | +317 | |
Marine | Net sales | 21,813 | 17.1 | 22,377 | 16.7 | +563 |
Operating profit | 503 | 13.9 | 755 | 15.9 | +251 | |
Machinery | Net sales | 12,259 | 9.6 | 15,618 | 11.7 | +3,359 |
Operating profit | 966 | 26.6 | 1,456 | 30.6 | +489 | |
Materials | Net sales | 8,506 | 6.7 | 9,043 | 6.7 | +537 |
Operating profit | 349 | 9.6 | 382 | 8.0 | +32 | |
Biotics | Net sales | 309 | 0.2 | 293 | 0.2 | (15) |
Operating profit | 24 | 0.7 | 17 | 0.3 | (7) | |
Distribution | Net sales | 2,469 | 1.9 | 2,352 | 1.8 | (117) |
Operating profit | (120) | - | 108 | 2.3 | +228 | |
Other* | Net sales | 109 | 0.1 | 110 | 0.1 | +1 |
Operating profit | 148 | 4.1 | 90 | 1.9 | (58) | |
Corporate expenses | (1,489) | (1,760) | ||||
* The "Other" segment includes businesses such as real estate leasing. The percentage of total of each segment's operating profit is calculated before deducting corporate expenses.
FYE3/2025 Segment Performance (vs. FYE3/2024)
All four core business segments achieved increased sales and profits