Nitori stock targets 10,000 tons with recycling plan

Published on 10/07/2026 at 02:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nitori plans a recycling center for 10,000 tons annually from 2028, per its October 5, 2026 announcement. Q1 FY27 revenue fell 2.3 percent to JPY 226.26 billion.

Nitori, JP3756100008, Illustration mit AI erstellt.

Nitori stock was trading at JPY 3,157 on the Tokyo Stock Exchange on October 7, 2026 at 9:20 a.m. JST, up 0.86 percent on the session. The company is planning a recycling center that targets annual recovery of 10,000 tons of furniture and interior materials from 2028.

Recycling plan targets 10,000 tons

According to PR Times on October 5, 2026, Nitori plans to operate the facility through its group companies in Honjo, Saitama Prefecture. The site is scheduled to begin operations in the first half of fiscal 2028 and will receive used furniture and interior goods through Nitori's logistics network.

The project gives Nitori a concrete operating target beyond store expansion: the group intends to dismantle, sort and process at least 10,000 tons of materials each year. That scale could support supply-chain control, but the facility remains a future investment because operations are scheduled for 2028.

Quarterly sales remain under pressure

Nitori's latest reported quarter ended June 30, 2026. JPX Market Explorer reports revenue of JPY 226.26 billion for Q1 FY27, down 2.3 percent from the comparable quarter, while net income was JPY 25.76 billion. The comparison matters because the recycling announcement adds a strategic growth theme while the latest operating figures still show lower sales.

For fiscal 2027, the company guidance cited by JPX Market Explorer calls for revenue of JPY 957.0 billion and operating profit of JPY 130.3 billion. Those targets put the current quarter in the context of a full-year plan that still depends on a recovery in sales and earnings.

Stock trades below yearly high

Nitori's JPY 3,157 intraday price on October 7, 2026 was 12.26 percent below the JPY 3,598 52-week high and above the JPY 2,216.50 low. Market capitalization was JPY 1.8 trillion, and session volume stood at 430,000 shares.

Nitori stock was trading at JPY 3,157 on the Tokyo Stock Exchange on October 7, 2026 at 9:20 a.m. JST, with a daily gain of 0.86 percent. The price move was measured against the prior close of JPY 3,130.