Nisshin OilliO's latest annual-report numbers show a staples group that sold more, earned less on the ordinary-income line, and still ended up with a much stronger profit attributable to owners of parent. For a business rooted in edible oils and related food ingredients, that means a bigger top line on the surface, but a less straightforward profit picture underneath. For the year to March 2026, the group reported net sales of ¥554,251,000,000, ordinary income of ¥16,030,000,000 and profit attributable to owners of parent of ¥23,988,000,000. Total assets ended the year at ¥451,185,000,000 and net assets at ¥222,004,000,000.
| Metric | Amount |
|---|---|
| Net sales | ¥554,251,000,000 |
| Ordinary income | ¥16,030,000,000 |
| Profit attributable to owners of parent | ¥23,988,000,000 |
| Total assets | ¥451,185,000,000 |
| Net assets | ¥222,004,000,000 |
The tension shows up in the year-on-year comparison. Revenue topped the prior year's ¥530,878,000,000, but ordinary income came in below the previous ¥18,089,000,000. Profit attributable to owners of parent, by contrast, rose from ¥12,850,000,000. The balance sheet also got bigger, with total assets above ¥388,242,000,000 and net assets above ¥198,086,000,000. In other words, the company came out of the year larger, but not with a simpler ordinary-income story.
The longer sales pattern helps put the latest top line in context. Net sales were ¥432,778,000,000 in 2022, jumped to ¥556,565,000,000 in 2023, then eased to ¥513,541,000,000 in 2024, before returning to ¥554,251,000,000 in the latest year. That makes the new figure look less like a clean breakout and more like a move back toward the upper end of Nisshin OilliO's recent range.
For staples watchers, that distinction matters. The packet shows a company that restored scale after the 2024 dip and added to its asset base, but it does not yet tell readers how much of that larger revenue base is translating cleanly through the income statement.
What the packet does not spell out is why ordinary income weakened while parent profit strengthened so sharply. It gives the headline figures, not the drivers behind them, and it does not establish whether the market had already seen these numbers elsewhere before the annual report appeared. That makes this a useful confirmed snapshot of the year to March 2026, not a reason to invent a surprise story where the evidence does not provide one.