Results for this period
Full year1 April 2025 to 31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Regional changes in automobile production volumes, increased demand for high-capacity HDDs for data centers, production cuts by Japanese automakers, changes in the vehicle model and product mix, increases in fixed costs, tariffs and depreciation, passing higher raw material and other supply costs through to product selling prices, and the addition of an Indian subsidiary to the scope of consolidation
No applicable matters. The notes state: “There are no applicable matters.”
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 March 2026 |
| Net Sales | ¥816,879 million (YoY +1.9%) |
| Operating profit | ¥45,784 million (YoY -12.2%) |
| Ordinary income | ¥52,189 million (YoY -10.0%) |
| Profit attributable to owners of the parent | ¥27,862 million (YoY -42.2%) |
| Net income per share | ¥137.46 |
| Operating Margin | 5.6％ |
| Equity ratio | End of the current fiscal period 59.1％ / End of previous period 58.5％ |
| Total assets | ¥728,711 million |
| Net assets | ¥445,942 million |
| Cash flows from operating activities | ¥77,446 million |
| Cash flows from investing activities | ¥-41,606 million |
| Cash flows from financing activities | ¥-26,953 million |
| Cash and cash equivalents at end of period | ¥89,963 million |
| Full-year earnings forecast | Net Sales ¥860,000 million (YoY +5.3%) / Operating profit ¥59,000 million (YoY +28.9%) / Ordinary income ¥64,000 million (YoY +22.6%) / Profit attributable to owners of the parent ¥45,000 million (YoY +61.5%) |
| Annual Dividend Forecast | ¥69 → ¥69（0.0%） |
| Payout ratio | 48.0％ |
| Shareholder Return Policy | The policy is to maintain stable dividends, with a consolidated payout ratio guideline of 30% or higher |
| Segment revenue | Suspension springs ¥167,417 million (YoY -1.0%), Seating ¥292,561 million (YoY -3.7%), Precision Components ¥105,612 million (YoY +3.5%), DDS ¥126,753 million (YoY +13.7%), Industrial equipment and other ¥124,535 million (YoY +8.1%) |
| Segment profit | Suspension springs ¥727 million (YoY +56.6%), Seating ¥8,052 million (YoY -28.3%), Precision Components ¥3,651 million (YoY -14.9%), DDS ¥26,058 million (YoY -2.3%), Industrial equipment and other ¥7,294 million (YoY -23.3%) |
| Regional sales | ¥461,343 million, ¥218,981 million, ¥136,555 million |
| Depreciation and amortization | ¥30,454 million |
| Impairment loss | ¥9,835 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥5,242 million, Gain on sale of investments in an affiliated company ¥534 million, Gain on return of retirement benefit trust assets ¥3,872 million / Extraordinary loss Impairment Losses ¥9,835 million, Impairment Losses on Shares of Affiliates ¥296 million, Valuation loss on investments in affiliates ¥510 million, Provision for losses on liquidation of affiliated companies ¥887 million |
| Disclosure regarding the going concern assumption | No applicable matters. The notes state: “There are no applicable matters.” |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 1 / Name of newly added company NHK Automotive Components India Co., Ltd. / Excluded 0 / Excluded Company Name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 231,066,144 |
| Treasury Shares at Period-End | 28,477,053 |
| Factors Behind Changes in Business Performance | Regional changes in automobile production volumes, increased demand for high-capacity HDDs for data centers, production cuts by Japanese automakers, changes in the vehicle model and product mix, increases in fixed costs, tariffs and depreciation, passing higher raw material and other supply costs through to product selling prices, and the addition of an Indian subsidiary to the scope of consolidation |
Items this document does not state (2)
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.Automobile production volumes declined in Japan and North America but increased in China and Thailand, while demand for high-capacity HDDs for data centers increased. On the earnings side, the seating business was affected by production cuts by Japanese automakers and changes in the vehicle model and product mix in North America; the precision components business was affected by higher fixed costs and tariff impacts; the DDS business was affected by higher fixed costs; and the industrial equipment and other businesses were affected by higher depreciation associated with capital investment.