Komori
Earnings5957NITTOSEIKO CO.,LTD.Construction and Materials

Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the interim period, net sales increased 6.3% year on year and operating income increased 31.3%. Ordinary income and net income attributable to owners of the parent also rose significantly. Although the Control and Medical businesses reported lower profit and revenue, the full-year earnings forecast was left unchanged, and the annual dividend forecast was set at ¥24, an increase of ¥1 from the previous fiscal year.

Worth reading
40Recurring
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
31.3
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales25,352¥ millionYear on year +6.3%Progress 48.8%
Operating profit1,941¥ millionYear on year +31.3%Progress 51.1%
Ordinary income1,938¥ millionYear on year +37.8%Progress 51.0%
Net income attributable to owners of the parent1,203¥ millionYear on year +41.4%

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¥33.14
Financial position at period-end
Total assets57,270¥ million
of which net assets 42,013 ¥ millionEquity ratio 64.8%vs. prior year-end +1.8pt

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.

Cash inflows and outflows
Operating+1,821,103
Investment-675,779
Financials-1,224,025
Net change-78,701

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥9,483,454 thousand
Segment revenue
Fasteners18,981,99874.9%+7.1%
Industrial Machinery2,923,36511.5%+4.8%
Control system3,392,36413.4%+3.2%
Medical54,4400.2%-1.2%
Segment profit
Fasteners1,334,943+50.5%
Industrial Machinery446,899+6.8%
Control system222,189-3.4%
Medical-62,372
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥52,000 million (YoY +3.5%)
Operating profit¥3,800 million (YoY +10.7%)
Ordinary income¥3,800 million (YoY +11.5%)
Profit attributable to owners of the parent¥2,300 million (YoY +6.9%)
Net income per share¥63.29
Revision to Earnings ForecastNot disclosed
Annual Dividend Forecast¥23 → ¥24
Shareholder Return PolicyProgressive dividends, with a final-year target of DOE of at least 3.0%, maintaining or increasing the dividend with ¥24 per share as the floor
Factors Behind Changes in Business Performance

In the Fastener business, sales of proprietary products for ADAS, the two Indian companies, and demand for electronic equipment-related products in Southeast Asia were strong. In the Industrial Machinery business, demand for ADAS-related equipment, screw fastening machines for overseas markets, and data centers provided support. In the Control business, flow meters, a large-scale project in India, labor-saving equipment and evaluation equipment grew, while higher raw material, component and logistics costs pushed down the profit margin.

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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,619 thousand / Gain on sale of investment securities ¥48,389 thousand / Extraordinary loss Losses on disposal of fixed assets ¥206 thousand
Depreciation and amortization¥736,888 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes Institutional investors and analysts
Issued Shares at Period-End39,985,017 Shares
Treasury Shares at Period-End3,641,867 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥25,352 million (YoY +6.3%)
Operating profit¥1,941 million (YoY +31.3%)
Ordinary income¥1,938 million (YoY +37.8%)
Profit attributable to owners of the parent¥1,203 million (YoY +41.4%)
Net income per share¥33.14
Equity ratioEnd of the current fiscal period 64.8 / End of previous period 63
Total assets¥57,270 million
Net assets¥42,013 million
Cash flows from operating activities¥1,821,103 thousand
Cash flows from investing activities¥-675,779 thousand
Cash flows from financing activities¥-1,224,025 thousand
Cash and cash equivalents at end of period¥9,483,454 thousand
Full-year earnings forecastNet Sales ¥52,000 million (YoY +3.5%) / Operating profit ¥3,800 million (YoY +10.7%) / Ordinary income ¥3,800 million (YoY +11.5%) / Profit attributable to owners of the parent ¥2,300 million (YoY +6.9%) / Net income per share ¥63.29
Revision to Earnings ForecastNot disclosed
Annual Dividend Forecast¥23 → ¥24
Shareholder Return PolicyProgressive dividends, with a final-year target of DOE of at least 3.0%, maintaining or increasing the dividend with ¥24 per share as the floor
Segment revenueFasteners ¥18,981,998 thousand (YoY +7.1%) / Industrial Machinery ¥2,923,365 thousand (YoY +4.8%) / Control system ¥3,392,364 thousand (YoY +3.2%) / Medical ¥54,440 thousand (YoY -1.2%)
Segment profitFasteners ¥1,334,943 thousand (YoY +50.5%) / Industrial Machinery ¥446,899 thousand (YoY +6.8%) / Control system ¥222,189 thousand (YoY -3.4%) / Medical ¥-62,372 thousand
Depreciation and amortization¥736,888 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,619 thousand / Gain on sale of investment securities ¥48,389 thousand / Extraordinary loss Losses on disposal of fixed assets ¥206 thousand
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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes Institutional investors and analysts
Issued Shares at Period-End39,985,017 Shares
Treasury Shares at Period-End3,641,867 Shares
Factors Behind Changes in Business PerformanceIn the Fastener business, sales of proprietary products for ADAS, the two Indian companies, and demand for electronic equipment-related products in Southeast Asia were strong. In the Industrial Machinery business, demand for ADAS-related equipment, screw fastening machines for overseas markets, and data centers provided support. In the Control business, flow meters, a large-scale project in India, labor-saving equipment and evaluation equipment grew, while higher raw material, component and logistics costs pushed down the profit margin.
Items this document does not state (5)
Operating MarginPayout ratioRegional salesOrders 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.

In the Fastener business, sales of proprietary products for ADAS, the two Indian companies, and demand for electronic equipment-related products in Southeast Asia were strong. In the Industrial Machinery business, demand for ADAS-related equipment, screw fastening machines for overseas markets, and data centers provided support. In the Control business, flow meters, a large-scale project in India, labor-saving equipment and evaluation equipment grew, but higher raw material, component and logistics costs pushed down the profit margin.

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Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | NITTOSEIKO CO.,LTD. (5957) timely disclosure | Komori