TSE:2871Food
Nichirei (TSE:2871) Stock Rallies On Profit Strength Despite Cyberattack Risk
Nichirei stock went into this earnings print after a strong 90 day run and a P/E of 19.5x that already priced in plenty of optimism. The headline today is that profit delivery is doing the heavy lifting. Q1 2027 basic earnings per share of ¥27.61 sits on top of trailing 12 month earnings of ¥114.13 per share, supported by a net profit margin of 3.7% over the last year.
That mix of earnings power and firmer margins is what the market is really reacting to, not just the latest revenue line. It...