Net sales at nms Holdings falls 5.7% in Q1, gross margin improves
Main article
First-quarter net sales at nms Holdings (2162:TYO) fell 5.7% to JPY 17.51 billion (USD 108.7 million). However, the Tokyo-based firm forecast full-year net sales to rise 2.9%.
Gross margin improved to 13.9% in nms Holdings’ fiscal first quarter ended 30 June.
Business lines at nms Holdings include staffing for manufacturers, electronics manufacturing services and power supply manufacturing.
The company ranks as the 29th-largest staffing provider in Japan. The company released earnings on 9 August.
nms Holdings - Q1 2025
(JPY thousands) | Q1 2025 | Q1 2024 | % change | Q1 2025 (USD thousands) |
Net sales | 17,508,219 | 18,565,464 | -5.7% | 108,726 |
Gross profit | 2,435,734 | 2,336,754 | 4.2% | 15,126 |
Gross margin | 13.9% | 12.6% | - | - |
Net income | 562,550 | 503,137 | 11.8% | 3,493 |
Share Price
Shares in nms Holding closed up 3.77% in Tokyo on 9 August to JPY 385.00 (USD 2.62). They were 22.22% above their 52-week low, which was set on 5 August.