TSE:9699Trade Distributors
Nishio Holdings (TSE:9699) Stock Rally Runs Into Profit Squeeze
Nishio Holdings stock has been grinding higher in recent weeks, yet today’s Q3 print hands investors a very different mood check. The share price sits near ¥4,420 after a solid run, while the earnings headline is a sharp squeeze on profitability. Net income for the quarter landed at ¥1,456m on revenue of ¥49,917m, which leaves the trailing net margin at 5.2% and slightly softer than last year.
In other words, the market has been paying up for a steady rental and equipment services story, just...