Noritz Corporation Reports Resilient 2025 Q3 Performance
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Noritz Corporation (NRTZF) reported its Q3 earnings for 2025, showcasing resilience with a slight net sales increase of 1.0% year-on-year to ¥142.6 billion and a turnaround in operating income to ¥0.8 billion. Despite a 71.4% decline in net income attributable to shareholders, ordinary income surged by 327.8%. The domestic segment improved, while overseas sales dipped but income rose, particularly in North America and Australia. The company aims for sustainable growth through its Medium-Term Management Plan, focusing on eco-friendly innovations and market diversification.
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