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Earnings3524NITTO SEIMO CO.,LTD.Materials and Chemicals

Financial Results for the Fiscal Year Ended April 2026 (Japanese GAAP) (Consolidated)

For the fiscal year ended April 2026, revenue increased while operating profit decreased. Ordinary profit and net income attributable to owners of the parent increased. For the fiscal year ending April 2027, the Company forecasts higher revenue but lower operating profit.

Worth reading
47Recurring
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
18.5
Year-on-year decline in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 May 2025–30 April 2026ConsolidatedJapanese GAAP
Net Sales22,104¥ millionYear on year +2.3%Progress 98.2%
Operating profit554¥ millionYear on year -18.5%Progress 110.8%
Ordinary income963¥ millionYear on year +16.2%Progress 214.0%
Net income attributable to owners of the parent680¥ millionYear on year +27.2%Progress 226.7%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥262.31
Operating Margin2.5%
Financial position at period-end
Total assets31,941¥ million
of which net assets 8,252 ¥ millionEquity ratio 25.3%vs. prior year-end +1.1pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating-96
Investment-1,238
Financials+1,174
Net change-160

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥1,031 million
Segment revenueFisheries-related business ¥17,785.81 thousand (YoY +1.9%), Land-Based Business ¥4,315.81 thousand (YoY +4.0%)
Segment profitFisheries-related business ¥312 thousand (YoY -18.7%), Land-Based Business ¥242.36 thousand (YoY -18.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥22,500 million (YoY +1.8%)
Operating profit¥500 million (YoY -9.8%)
Ordinary income¥450 million (YoY -53.3%)
Net income¥300 million (YoY -55.9%)
Annual Dividend Forecast¥50 → ¥50(0.0%)
Payout ratioFiscal year ending April 2026 19.1% / Forecast for the fiscal year ending April 2027 43.2%
Factors Behind Changes in Business Performance

Revenue increased on strong exports to Asia, higher transaction volumes and fish landings in the fisheries-related business, and strong orders for wildlife damage prevention nets and construction work. Operating profit decreased because, despite efforts to revise prices, production could not be levelled out and costs, including raw material and personnel expenses, increased. Ordinary profit and net income increased due to foreign exchange gains and foreign tax refunds, among other items.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation0 additions and 0 exclusions (no company names)
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)No extraordinary gains; no extraordinary losses
Depreciation and amortization¥1,090.56 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End2,605,000 shares
Treasury Shares at Period-End11,836 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 May 2025–30 April 2026
Net Sales¥22,104 million (YoY +2.3%)
Operating profit¥554 million (YoY -18.5%)
Ordinary income¥963 million (YoY +16.2%)
Profit attributable to owners of the parent¥680 million (YoY +27.2%)
Net income per share¥262.31
Operating Margin2.5%
Equity ratioEnd of the current fiscal period 25.3% / End of previous period 24.2%
Total assets¥31,941 million
Net assets¥8,252 million
Cash flows from operating activities¥-96 million
Cash flows from investing activities¥-1,238 million
Cash flows from financing activities¥1,174 million
Cash and cash equivalents at end of period¥1,031 million
Full-year earnings forecastNet Sales ¥22,500 million (YoY +1.8%) / Operating profit ¥500 million (YoY -9.8%) / Ordinary income ¥450 million (YoY -53.3%) / Net income ¥300 million (YoY -55.9%)
Annual Dividend Forecast¥50 → ¥50(0.0%)
Payout ratioFiscal year ending April 2026 19.1% / Forecast for the fiscal year ending April 2027 43.2%
Segment revenueFisheries-related business ¥17,785.81 thousand (YoY +1.9%), Land-Based Business ¥4,315.81 thousand (YoY +4.0%)
Segment profitFisheries-related business ¥312 thousand (YoY -18.7%), Land-Based Business ¥242.36 thousand (YoY -18.4%)
Depreciation and amortization¥1,090.56 million
Breakdown of extraordinary income (loss)No extraordinary gains; no extraordinary losses
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidation0 additions and 0 exclusions (no company names)
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End2,605,000 shares
Treasury Shares at Period-End11,836 shares
Factors Behind Changes in Business PerformanceRevenue increased on strong exports to Asia, higher transaction volumes and fish landings in the fisheries-related business, and strong orders for wildlife damage prevention nets and construction work. Operating profit decreased because, despite efforts to revise prices, production could not be levelled out and costs, including raw material and personnel expenses, increased. Ordinary profit and net income increased due to foreign exchange gains and foreign tax refunds, among other items.
Items this document does not state (5)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss

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.

Revenue increased due to strong exports to Asia, higher transaction volumes and fish landings in the fisheries-related business, and strong orders for wildlife damage prevention nets and construction work. Operating profit decreased because, despite efforts to revise prices, production could not be levelled out and costs, including raw material and personnel expenses, increased. Ordinary profit and net income benefited from the recognition of foreign exchange gains and foreign tax refunds, among other items.

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Financial Results for the Fiscal Year Ended April 2026 (Japanese GAAP) (Consolidated) | NITTO SEIMO CO.,LTD. (3524) timely disclosure | Komori