Komori
Earnings5659Nippon Seisen Co.,Ltd.Iron & Steel / Nonferrous Metals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent exceeded the levels recorded in the same period of the previous year. The full-year earnings forecast was revised, and the interim dividend forecast was increased from ¥18 to ¥24 per share.

Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
55.1
Operating profit year-on-year change (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales25,145¥ millionYear on year +11.9%Progress 48.8%
Operating profit1,853¥ millionYear on year +55.1%Progress 44.1%
Ordinary income1,986¥ millionYear on year +59.9%Progress 45.7%
Net income attributable to owners of the parent1,413¥ millionYear on year +56.6%Progress 45.6%

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¥46.01
Financial position at period-end
Total assets58,983¥ million
of which net assets 43,871 ¥ millionEquity ratio 73.2%vs. prior year-end -2.2pt

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+3,890
Investment-2,380
Financials-890
Net change+620

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¥16,570 million
Segment revenueJapan ¥22,587 million (YoY +12.3%), Thailand ¥2,016 million (YoY +4.3%), China and South Korea ¥541 million (YoY +25.5%)
Segment profitJapan ¥1,664 million (YoY +54.4%), Thailand ¥132 million (YoY +103.1%), China and South Korea ¥92 million (YoY +31.4%)
Regional sales¥22,587 million, ¥2,016 million, ¥541 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥51,500 million (YoY +10.5%)
Operating profit¥4,200 million (YoY +36.5%)
Ordinary income¥4,350 million (YoY +34.2%)
Net income¥3,100 million (YoY +44.3%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥51,500 million / Operating profit Not disclosed → ¥4,200 million / Ordinary income Not disclosed → ¥4,350 million / Net income Not disclosed → ¥3,100 million
Annual Dividend Forecast¥42 per share → ¥52 per share(+23.8%)
Factors Behind Changes in Business Performance

Sales volumes of stainless steel wire increased, sales of ultra-precision gas filters for the semiconductor-related industry (NASclean®) grew significantly, and Naslon® filters also performed steadily.

Disclosure regarding the going concern assumption

Not applicable

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 consolidationAdded: 0 companies; excluded: 0 companies
Impairment lossNone (impairment loss on fixed assets)
Breakdown of extraordinary income (loss)None (special losses for the interim period: "-")
Depreciation and amortization¥847 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End31,265,190
Treasury Shares at Period-End544,596
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥25,145 million (YoY +11.9%)
Operating profit¥1,853 million (YoY +55.1%)
Ordinary income¥1,986 million (YoY +59.9%)
Profit attributable to owners of the parent¥1,413 million (YoY +56.6%)
Net income per share¥46.01
Equity ratioEnd of the current fiscal period 73.2 / End of previous period 75.4
Total assets¥58,983 million
Net assets¥43,871 million
Cash flows from operating activities¥3,890 million
Cash flows from investing activities¥-2,380 million
Cash flows from financing activities¥-890 million
Cash and cash equivalents at end of period¥16,570 million
Full-year earnings forecastNet Sales ¥51,500 million (YoY +10.5%) / Operating profit ¥4,200 million (YoY +36.5%) / Ordinary income ¥4,350 million (YoY +34.2%) / Net income ¥3,100 million (YoY +44.3%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥51,500 million / Operating profit Not disclosed → ¥4,200 million / Ordinary income Not disclosed → ¥4,350 million / Net income Not disclosed → ¥3,100 million
Annual Dividend Forecast¥42 per share → ¥52 per share(+23.8%)
Segment revenueJapan ¥22,587 million (YoY +12.3%), Thailand ¥2,016 million (YoY +4.3%), China and South Korea ¥541 million (YoY +25.5%)
Segment profitJapan ¥1,664 million (YoY +54.4%), Thailand ¥132 million (YoY +103.1%), China and South Korea ¥92 million (YoY +31.4%)
Regional sales¥22,587 million, ¥2,016 million, ¥541 million
Depreciation and amortization¥847 million
Impairment lossNone (impairment loss on fixed assets)
Breakdown of extraordinary income (loss)None (special losses for the interim period: "-")
Disclosure regarding the going concern assumptionNot applicable
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 consolidationAdded: 0 companies; excluded: 0 companies
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End31,265,190
Treasury Shares at Period-End544,596
Factors Behind Changes in Business PerformanceSales volumes of stainless steel wire increased, sales of ultra-precision gas filters for the semiconductor-related industry (NASclean®) grew significantly, and Naslon® filters also performed steadily.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogMaterial 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.

Increased sales volumes of stainless steel wire, significant growth in sales of ultra-precision gas filters for the semiconductor-related industry (NASclean®) in the Metal Fiber segment, and steady performance by Naslon® filters.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Nippon Seisen Co.,Ltd. (5659) timely disclosure | Komori