TSE:2871Food
Modest Earnings Rise and U.S. Capital Move Could Be A Game Changer For Nichirei (TSE:2871)
Nichirei Corporation recently reported results for the nine months ended December 31, 2025, with sales of ¥537,666 million and net income of ¥21,858 million, both slightly higher than a year earlier.
At the same time, Nichirei’s board approved plans for its North American unit InnovAsian Cuisine to inject new capital into a freshly established Delaware subsidiary, signaling an incremental build-out of its overseas food operations.
We’ll now examine how this combination of modest earnings...