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Nichireki Group Revises Financial Targets Amid Challenging Market Conditions

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Nichireki Group Revises Financial Targets Amid Challenging Market Conditions

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Nichireki Co., Ltd. ( (JP:5011) ) just unveiled an update.

Nichireki Group Co., Ltd. has revised its Medium-Term Management Plan ‘Resilience 2025’ due to challenging business conditions. The company has lowered its financial targets for the fiscal year ending March 2026, citing high construction material prices, rising labor costs, and inflationary pressures as key factors impacting its operations. Despite firm public investment, the company is adapting to a more difficult environment by implementing workstyle reforms and increasing human capital investment.

More about Nichireki Co., Ltd.

Nichireki Group Co., Ltd. operates in the construction industry, focusing on infrastructure development and maintenance. The company is involved in projects related to recovery and reconstruction from natural disasters, disaster prevention, and national resilience initiatives.

Average Trading Volume: 32,189

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen75.96B

See more data about 5011 stock on TipRanks’ Stock Analysis page.

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