TSE:9163Professional Services
Nareru Group (TSE:9163) Margin Compression To 7.9% Tests Long Term Bullish Narratives
Nareru Group (TSE:9163) opened FY2026 with Q1 revenue of ¥6.3 billion and basic EPS of ¥56.80, alongside net income excluding extra items of ¥497 million. Over the past few quarters the company has seen revenue move from ¥5.8 billion in Q4 2024 to ¥5.9 billion in Q1 2025 and up to ¥6.3 billion in Q1 2026. Basic EPS shifted from ¥80.34 to ¥74.50 and then to ¥56.80, setting up a results season in which investors will be weighing margin pressure against the longer term earnings profile and what...