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Earnings presentation3105Nisshinbo Holdings Inc.Electrical Equipment & Precision Instruments

Materials for the Fiscal Year Ended December 2025: Financial Results Briefing

In the fiscal year ended December 2025, revenue, operating profit, ordinary profit and net profit all exceeded the prior year, mainly due to a substantial increase in profit from the Wireless and Communications business. For the fiscal year ending December 2026, revenue is expected to increase, but operating profit and below are expected to decline due to the downsizing of the real estate sales business and the impact of structural reforms and growth investments.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
9820
¥ million (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending December 202510 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥502,339 million+1.5%
Operating profit¥26,401 million+59.2%
Ordinary income¥29,327 million+20.2%
Net income¥13,920 million+35.4%
Operating profit margin2025年12月期は約5.3%、前年同期比で改善（資料のグラフ記載）
Full-year earnings forecast
Net Sales
¥511,000 million
Operating profit
¥21,000 million
Ordinary income
¥21,500 million
Profit attributable to owners of the parent
¥10,000 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • 無線・通信事業の増収・増益売上高前年差17,322百万円、営業利益前年差10,091百万円
  • 一時的なコスト削減による利益貢献176億円（無線・通信事業の2025年営業利益）
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
145 Yen/Dollar
Foreign exchange sensitivity
2 億円1円の円安による営業利益へのプラス影響
New initiatives
  • 日本無線グループの組織再編（One JRC）
  • 早期退職優遇制度による構造改革
  • FI本部の新設
  • Hi-MAプラットフォームの活用
  • EDMS事業・サービス事業の立ち上げ
  • マテリアル事業のエレクトロニクス分野向け素材への再編
Key KPIsA metric the company considers important as a management benchmark.
  • Consolidated operating margin5.3 %
    Year on year against the same period last year3.4%から改善
  • Consolidated ROIC4.3 %
    Year on year against the same period last year2.7%から改善
  • Consolidated ROE5 %
    Year on year against the same period last year4%から改善
Segment results
Wireless and Communications
Net Sales
¥251,837 million+7.4%
Operating profit
¥17,668 million+132.1%
Microdevices
Net Sales
¥62,400 million-2.8%
Operating profit
¥-5,505 million
Brakes
Net Sales
¥57,795 million-0.7%
Operating profit
¥3,385 million+45.1%
Precision equipment
Net Sales
¥55,442 million+2.4%
Operating profit
¥2,976 million+81.3%
Chemicals
Net Sales
¥9,736 million-11.8%
Operating profit
¥-56 million
Fibers
Net Sales
¥33,345 million-9.5%
Operating profit
¥98 million-49.2%
Real Estate
Net Sales
¥17,939 million-23.8%
Operating profit
¥12,667 million-28.4%
Medium-term management plan targets
  • 2026年度連結売上高
    Target value5,800
    Target fiscal yearFiscal 2026
  • 2026年度連結営業利益率
    Target value6.5
    Target fiscal yearFiscal 2026
  • 2030年度無線・通信事業売上高
    Target value3,000
    Target fiscal yearFY2030
  • 2030年度無線・通信事業営業利益
    Target value300
    Target fiscal yearFY2030
Financial targets
Consolidated ROIC
FY2025 actual results4.3
Fiscal 2026 Plan6
FY2030 target7
Consolidated ROE
FY2025 actual results5
Fiscal 2026 Plan10
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Extraordinary loss
¥60 100 million
Detailsマイクロデバイス事業の構造改革費用等
Annual Dividend
Annual dividend amount¥36 per share
Payout ratio
40
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFiscal year ending December 2025
Net Sales¥502,339 million (YoY +1.5%)
Operating profit¥26,401 million (YoY +59.2%)
Ordinary income¥29,327 million (YoY +20.2%)
Net income¥13,920 million (YoY +35.4%)
Operating profit margin2025年12月期は約5.3%、前年同期比で改善（資料のグラフ記載）
Full-year earnings forecastNet Sales ¥511,000 million / Operating profit ¥21,000 million / Ordinary income ¥21,500 million / Profit attributable to owners of the parent ¥10,000 million
Segment resultsWireless and Communications Net Sales ¥251,837 million (YoY +7.4%) / Operating profit ¥17,668 million (YoY +132.1%) / Microdevices Net Sales ¥62,400 million (YoY -2.8%) / Operating profit ¥-5,505 million / Brakes Net Sales ¥57,795 million (YoY -0.7%) / Operating profit ¥3,385 million (YoY +45.1%) / Precision equipment Net Sales ¥55,442 million (YoY +2.4%) / Operating profit ¥2,976 million (YoY +81.3%) / Chemicals Net Sales ¥9,736 million (YoY -11.8%) / Operating profit ¥-56 million / Fibers Net Sales ¥33,345 million (YoY -9.5%) / Operating profit ¥98 million (YoY -49.2%) / Real Estate Net Sales ¥17,939 million (YoY -23.8%) / Operating profit ¥12,667 million (YoY -28.4%)
Breakdown of Factors Affecting the ChangeFactors 無線・通信事業の増収・増益 / Amount 売上高前年差17,322百万円、営業利益前年差10,091百万円, Factors 一時的なコスト削減による利益貢献 / Amount 176億円（無線・通信事業の2025年営業利益）
Key KPIsIndicator name Consolidated operating margin / Value 5.3 % / Year on year against the same period last year 3.4%から改善, Indicator name Consolidated ROIC / Value 4.3 % / Year on year against the same period last year 2.7%から改善, Indicator name Consolidated ROE / Value 5 % / Year on year against the same period last year 4%から改善
Assumptions Underlying the Business OutlookExchange rate 145 Yen/Dollar / Foreign exchange sensitivity 2 億円（1円の円安による営業利益へのプラス影響）
Risk amount incorporated into the outlookExtraordinary loss ¥60 100 million
Medium-term management plan targetsIndicator 2026年度連結売上高 / Target value ¥5,800 100 million / Target fiscal year Fiscal 2026, Indicator 2026年度連結営業利益率 / Target value 6.5 % / Target fiscal year Fiscal 2026, Indicator 2030年度無線・通信事業売上高 / Target value 3,000 over ¥100 million / Target fiscal year FY2030, Indicator 2030年度無線・通信事業営業利益 / Target value ¥300 100 million / Target fiscal year FY2030
Financial targetsConsolidated ROIC FY2025 actual results 4.3 / Fiscal 2026 Plan 6 / FY2030 target 7 / Consolidated ROE FY2025 actual results 5 / Fiscal 2026 Plan 10
Annual DividendAnnual dividend amount ¥36 per share / Breakdown Not disclosed
Payout ratio40
New initiatives日本無線グループの組織再編（One JRC）, 早期退職優遇制度による構造改革, FI本部の新設, Hi-MAプラットフォームの活用, EDMS事業・サービス事業の立ち上げ, マテリアル事業のエレクトロニクス分野向け素材への再編
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

2025年12月期は、無線・通信事業で自治体向け防災システム、防衛省向け装置、船舶向け機器・保守サービスなどの受注が増えたことにより増収増益となった。2026年12月期は、無線・通信およびマイクロデバイスの受注増を見込む一方、不動産の分譲規模縮小、マイクロデバイス事業の構造改革費用、将来成長に向けた研究開発投資を見込んでいる。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Materials for the Fiscal Year Ended December 2025: Financial Results Briefing | Nisshinbo Holdings Inc. (3105) timely disclosure | Komori