Nishio Rent All Co. Ltd. reported a decline in net profit for its fiscal first quarter ended Dec. 31, as the Japanese equipment rental specialist faced a contraction in both top-line revenue and operating margins.
The Osaka-based company saw its net profit slide to ¥3.57 billion, down from ¥4.04 billion during the same period the previous year. This performance reflects a broader cooling in the group’s quarterly results, with pretax profit also retreating to ¥5.57 billion from ¥6.06 billion a year earlier.
Pressure on Operating Margins
Revenue for the quarter totaled ¥55.26 billion, representing a slight decrease from the ¥56.72 billion recorded in the prior year. This revenue dip, combined with shifting costs, weighed heavily on the company's bottom line. Operating profit for the period dropped to ¥5.51 billion, compared to ¥6.18 billion in the corresponding quarter of 2024.
The decline in profitability was further reflected in the company's per-share data. Basic earnings per share fell to ¥128.74, down from ¥145.55 in the previous year, while diluted earnings were reported at ¥128.70.
According to the company’s filing, these results were prepared in accordance with Japanese accounting standards. The figures suggest a challenging start to the fiscal year for the rental giant as it navigates the current economic landscape in Japan’s industrial and construction sectors.
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