Nichias Corporation reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was JPY 14,380 million compared to JPY 12,705 million a year ago. Revenue was JPY 59,178 million compared to JPY 54,617 million a year ago.

Net income was JPY 6,353 million compared to JPY 5,617 million a year ago. Basic earnings per share from continuing operations was JPY 95.78 compared to JPY 84.69 a year ago.