Niterra Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2026. For the year, the company now expects revenue of JPY 724,000 million, operating profit of JPY 137,000 million, profit attributable to owners of parent of JPY 116,000 million and earnings per share of JPY 584.64 against previous guidance of revenue of JPY 688,000 million, operating profit of JPY 130,000 million, profit attributable to owners of parent of JPY 90,000 million and earnings per share of JPY 453.10.
Reason for the revision: The company revised the consolidated financial forecast for the fiscal year ending March 31, 2026 upward from the previous forecast for the reason of mitigation of impacts from additional tariff measures in the United States in addition to that exchange rates shifted to weak yen more than expectation. Furthermore, even considering impacts from soaring raw material prices, and Purchase Price Allocation (PPA) with its amortization expenses related to the acquisition of Niterra Materials, which became a consolidated subsidiary this fiscal year, company expects that it exceeds the previous forecast by the reason of these upward factors. Therefore, the company is revising the forecast as stated above. Regarding financial income, in addition to the foreign exchange loss expected as a non-operating expense falling below the previous forecast, it expect to record a valuation gain as a result of measuring held investment securities at fair value.