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Results5302Nippon Carbon Co.,Ltd.Construction and Materials

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP) (Consolidated)

For the cumulative third quarter, net sales increased 3.1% and operating income increased 17.5%, while net income attributable to owners of the parent decreased 52.6%. The full-year earnings forecast and annual dividend forecast were unchanged.

Worth reading
34Immaterial
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
3.1
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales28,320Millions of yenYear on year +3.1%Progress 69.1%
Operating profit4,072Millions of yenYear on year +17.5%Progress 94.7%
Ordinary income3,700Millions of yenYear on year +0.4%Progress 80.4%
Net income attributable to owners of the parent2,174Millions of yenYear on year -52.6%Progress 80.5%

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¥200.03
Financial position at period-end
Total assets82,341Millions of yen
of which net assets 62,522 Millions of yenEquity ratio 64.3%vs. prior year-end +0.8pt

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.

Segment revenueCarbon products 24,228 Millions of yen (YoY +3.7%), Silicon carbide products 3,282 Millions of yen (YoY +0.8%), Other 809 Millions of yen (YoY -5.6%)
Segment profitCarbon products 2,585 Millions of yen (YoY +20.5%), Silicon carbide products 1,201 Millions of yen (YoY +6.3%), Other 279 Millions of yen (YoY +53.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales41,000 Millions of yen (YoY +8.7%)
Operating profit4,300 Millions of yen (YoY -10.6%)
Ordinary income4,600 Millions of yen (YoY -9.9%)
Net income2,700 Millions of yen (YoY -44.1%)
Revision to Earnings ForecastNone
Annual Dividend Forecast200 Yen → 200 Yen(0.0%)
Factors Behind Changes in Business Performance

Profitability of fine carbon-related products declined due to higher cost burdens associated with expanded manufacturing capacity and other factors, while sales volumes of electrode-material-related products increased as the company captured domestic and overseas demand. Strong demand for silicon carbide continuous-fiber products continued, particularly for aircraft engines. In the other businesses, profitability improved through maintaining appropriate selling prices and reducing manufacturing costs, despite slower sales of industrial machinery.

Disclosure regarding the going concern assumption

None

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 consolidationNew 0 / Excluded 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)No extraordinary gains or extraordinary losses were recorded for the cumulative consolidated third quarter under review.
Depreciation and amortization2,488 Millions of yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End11,832,504
Treasury Shares at Period-End1,297,755
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026 to 30 September 2026
Net Sales28,320 Millions of yen (YoY +3.1%)
Operating profit4,072 Millions of yen (YoY +17.5%)
Ordinary income3,700 Millions of yen (YoY +0.4%)
Profit attributable to owners of the parent2,174 Millions of yen (YoY -52.6%)
Net income per share¥200.03
Equity ratioEnd of the current fiscal period 64.3% / End of previous period 63.5%
Total assets82,341 Millions of yen
Net assets62,522 Millions of yen
Full-year earnings forecastNet Sales 41,000 Millions of yen (YoY +8.7%) / Operating profit 4,300 Millions of yen (YoY -10.6%) / Ordinary income 4,600 Millions of yen (YoY -9.9%) / Net income 2,700 Millions of yen (YoY -44.1%)
Revision to Earnings ForecastNone
Annual Dividend Forecast200 Yen → 200 Yen(0.0%)
Segment revenueCarbon products 24,228 Millions of yen (YoY +3.7%), Silicon carbide products 3,282 Millions of yen (YoY +0.8%), Other 809 Millions of yen (YoY -5.6%)
Segment profitCarbon products 2,585 Millions of yen (YoY +20.5%), Silicon carbide products 1,201 Millions of yen (YoY +6.3%), Other 279 Millions of yen (YoY +53.5%)
Depreciation and amortization2,488 Millions of yen
Breakdown of extraordinary income (loss)No extraordinary gains or extraordinary losses were recorded for the cumulative consolidated third quarter under review.
Disclosure regarding the going concern assumptionNone
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 consolidationNew 0 / Excluded 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End11,832,504
Treasury Shares at Period-End1,297,755
Factors Behind Changes in Business PerformanceProfitability of fine carbon-related products declined due to higher cost burdens associated with expanded manufacturing capacity and other factors, while sales volumes of electrode-material-related products increased as the company captured domestic and overseas demand. Strong demand for silicon carbide continuous-fiber products continued, particularly for aircraft engines. In the other businesses, profitability improved through maintaining appropriate selling prices and reducing manufacturing costs, despite slower sales of industrial machinery.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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.

Although ordinary income included expenses related to idle facilities and other items, net income attributable to owners of the parent decreased because the gain on the sale of investment securities recognized in the previous fiscal year was no longer recorded. By segment, factors included higher sales volumes of electrode-material-related products, strong demand for silicon carbide continuous-fiber products, maintenance of appropriate selling prices, and reductions in manufacturing costs.

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Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP) (Consolidated) | Nippon Carbon Co.,Ltd. (5302) timely disclosure | Komori