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Nippon Felt Net Profit Jumps Despite Revenue Decline

Nippon Felt Co. Ltd. reported a significant surge in net profit to 470 million yen for the half-year ending September 30, 2026, marking a sharp increase from the 291 million yen recorded during the same period last year, even as the company’s total revenue faced a contraction.

Nippon Felt Net Profit Jumps Despite Revenue Decline

The Japanese manufacturer saw its revenue slip to 4.54 billion yen from the 4.78 billion yen generated in 2025. This downward trend extended to operating profit, which fell to 219 million yen compared to the previous year's 268 million yen. Despite the dip in core business intake, pretax profit showed resilience, climbing to 424 million yen from 411 million yen. Earnings per share improved notably, rising to 27.90 yen from 16.46 yen. These figures were prepared in accordance with Japanese accounting standards.

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