Nissha, JP3713200008

Nissha stock reports a first-half loss and cuts 2026 outlook

Published on 10/07/2026 at 00:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nissha stock faces a JPY 5.47 billion first-half loss after the September 30 results. Four analysts set a JPY 1,372.5 average target.

Nissha, JP3713200008, Illustration mit AI erstellt.

Nissha stock was last at JPY 1,100 on the Tokyo Stock Exchange on October 6, 2026, after the company reported a JPY 5.47 billion IFRS net loss for the first half of fiscal 2026. Nissha published the results on September 30, alongside a sharply lower full-year earnings outlook.

Loss changes the 2026 outlook

Revenue reached JPY 96.03 billion in the January to June 2026 period, down 1.0 percent from JPY 97.05 billion a year earlier, while operating profit moved from JPY 2.56 billion to a JPY 4.50 billion loss. Net income therefore shifted from a JPY 20 million profit in the first half of 2025 to a JPY 5.47 billion loss in the comparable 2026 period.

The full-year forecast now calls for revenue of JPY 195.0 billion and a JPY 6.2 billion net loss. The previous plan had projected JPY 198.0 billion in revenue and a JPY 3.2 billion net profit, making the change a JPY 9.4 billion swing in the earnings outlook, according to Kabutan on September 30, 2026.

Medical-device losses drive the reset

The results included a JPY 6.759 billion goodwill impairment tied to USM Healthcare Medical Devices Factory and a JPY 6.133 billion valuation loss on affiliated-company shares. The company said the additional effect on consolidated results was absent, but the charges materially changed the reported profit picture, as detailed by Japan IR on September 30, 2026.

For investors, the key distinction is between operating demand and accounting damage. First-half revenue declined 1.0 percent, while the impairment and related valuation charge pushed earnings into a loss and left the revised full-year plan dependent on a second-half recovery.

Consensus target stays above the price

A consensus of four analysts carries a Neutral rating, with an average target of JPY 1,372.5, a high of JPY 1,460 and a low of JPY 1,200. The average target lies 24.8 percent above the JPY 1,100 price, based on the figures published by Investing.com.

The market range adds a second benchmark: Nissha stock stands JPY 75 above its 52-week low of JPY 1,025 and JPY 610 below its 52-week high of JPY 1,710. The next scheduled reporting date is November 11, 2026, when Nissha is set to publish third-quarter results.

Stock remains below its yearly high

Nissha stock was last at JPY 1,100 on October 6, 2026, at 3:30 p.m. JST, with a daily gain of 2.14 percent. Its market capitalization was JPY 52.2 billion and volume reached 577,100 shares on the Tokyo Stock Exchange.