Nichiryo Baking Co., Ltd. (2218) First-Quarter Results for FY Ending March 2027: Operating Profit Up 27.1% YoY to 22 Million Yen, Net Profit Surges 141.5%

Nichiryo Baking Co., Ltd. (Ticker: 2218) announced its first-quarter financial results for the fiscal year ending March 2027, reporting net sales of 4,475 million yen (a slight decrease of 0.6% year-on-year). Operating profit rose 27.1% year-on-year to 22 million yen, showing significant improvement in profitability. Ordinary profit increased by 15.8% to 29 million yen, and quarterly net profit surged 141.5% to 28 million yen. Earnings per share (EPS) for the first quarter stood at 13.43 yen.

In terms of financial structure and valuation metrics, the company's equity-to-asset ratio is 39.3%, supported by 1.29 billion yen in retained earnings, while interest-bearing debt stands at 1.92 billion yen. Regarding profitability indicators, return on equity (ROE) is reported at 1.21% and return on assets (ROA) at 0.20%, with the reference sum of operating profit and depreciation expense for April 1–June 30, 2026 at approximately 162.778 million yen (using published figures of 22 million yen plus 140.778 million yen; source: financial results). The results highlight improved profit margins despite a marginal decline in top-line sales, reflecting management's focus on operational efficiency.

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Correction (September 19, 2026)：The affected figures and reporting-period labels were corrected after checking the source disclosure. Source disclosure