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Financial results presentation6306NIKKO CO.,LTD.Machinery

Financial Results Presentation Materials for the Fiscal Year Ending March 2026

FY2025 revenue was ¥49,371 million and operating profit was ¥3,099 million, with profit reaching a record high. For FY2026, the company expects higher revenue and profit, with revenue of ¥55,000 million and operating profit of ¥3,800 million, although lower profit is expected in the Environment and Transport-Related Business and the Contract Manufacturing Business.

Worth reading
64In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
55000
¥ million
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFY2026 March (FY2025) actual / FY2027 March (FY2026) forecast9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥49,371 million+0.4%
Operating profit¥3,099 million+12.0%
Ordinary income¥3,425 million+11.5%
Net income¥2,536 million+26.2%
Operating profit margin6.3%, +0.7 percentage points year on year
Results for the three months of the current quarterQ4 FY2025: revenue of ¥18,213 million, operating profit of ¥2,002 million and an operating margin of 11.0%
Full-year earnings forecast
Net Sales
¥55,000 million
Operating profit
¥3,800 million
Ordinary income
¥3,830 million
Net income
¥2,650 million
Orders received
¥61,500 million
Order backlog
¥39,926 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
In FY2025, revenue fell short of the forecast, while operating profit, ordinary profit and net profit exceeded the forecast. Orders in Thailand were stated to have exceeded the plan.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in operating profit from a large-scale modification project in the AP-Related Business¥310 million
  • Change in revenue from the AP-Related Business¥-153 million
  • Change in revenue from the BP-Related Business¥95 million
  • Change in revenue from the Environment and Transport-Related Business¥1,117 million
  • Change in revenue from the Contract Manufacturing Business¥-1,463 million
  • Change in revenue from the Other Business¥421 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • High-probability inquiries and preliminary orders in domestic APJust under 20
  • Orders for SL coating equipment related to the environment¥2.5 100 million
  • Large-scale recycling equipment for private-sector environmental applications¥3 100 million
  • Inquiries for fluidization treatment equipment related to the environment¥4 100 million
  • Inquiries for gypsum-based solidifying material production equipment related to the environment¥2 100 million
New initiatives
  • A new model is under development in AP China to differentiate the business
  • Integrating sales and manufacturing companies in Thailand to reduce fixed costs
  • Lowering the break-even point in AP Thailand through fixed-cost reductions
  • Expanding sales of projects for Vietnam and Taiwan
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received¥59,756 million+20.4%
  • Order backlog¥33,426 million+46.4%
  • Domestic AP revenue¥15,257 million+0.6%
  • Overseas AP revenue¥4,070 million-5.7%
  • AP revenue in China¥3,122 million+11.5%
  • AP revenue in Thailand¥574 million-33.7%
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Number of mobile plants ordered29 Units+26.1%
  • Value of mobile plants ordered¥1,920 million+52.3%
  • Number of stationary crushing machines ordered16 Units-36.0%
  • Value of stationary crushing machines ordered¥326 million-25.1%
  • Number of mobile plants sold28 Units-9.7%
  • Number of stationary crushing machines sold29 Units+38.1%
Segment results
AP-Related Business
Net Sales
¥19,327 million-0.8%
Operating profit
¥1,045 million+7.1%
BP-Related Business
Net Sales
¥14,361 million+0.7%
Operating profit
¥2,003 million+16.2%
Environmental and conveying-related business
Net Sales
¥4,371 million+34.3%
Operating profit
¥1,216 million+43.6%
Crushing equipment-related business
Net Sales
¥2,448 million+8.5%
Operating profit
¥69 million+72.5%
Contract manufacturing-related business
Net Sales
¥3,339 million-30.5%
Operating profit
¥543 million-15.8%
Other Businesses
Net Sales
¥5,522 million+8.3%
Operating profit
¥637 million-11.0%
Market Size / Share
Sales trends for a combined total of 4 listed road paving companies are presented. Specific market share: not disclosed
Orders received and order backlog
Orders received
¥59,756 million
Order backlog
¥33,426 million
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFY2026 March (FY2025) actual / FY2027 March (FY2026) forecast
Net Sales¥49,371 million (YoY +0.4%)
Operating profit¥3,099 million (YoY +12.0%)
Ordinary income¥3,425 million (YoY +11.5%)
Net income¥2,536 million (YoY +26.2%)
Operating profit margin6.3%, +0.7 percentage points year on year
Results for the three months of the current quarterQ4 FY2025: revenue of ¥18,213 million, operating profit of ¥2,002 million and an operating margin of 11.0%
Full-year earnings forecastNet Sales ¥55,000 million / Operating profit ¥3,800 million / Ordinary income ¥3,830 million / Net income ¥2,650 million / Orders received ¥61,500 million / Order backlog ¥39,926 million
Self-assessment against the planIn FY2025, revenue fell short of the forecast, while operating profit, ordinary profit and net profit exceeded the forecast. Orders in Thailand were stated to have exceeded the plan.
Segment resultsAP-Related Business Net Sales ¥19,327 million (YoY -0.8%) / Operating profit ¥1,045 million (YoY +7.1%) / BP-Related Business Net Sales ¥14,361 million (YoY +0.7%) / Operating profit ¥2,003 million (YoY +16.2%) / Environmental and conveying-related business Net Sales ¥4,371 million (YoY +34.3%) / Operating profit ¥1,216 million (YoY +43.6%) / Crushing equipment-related business Net Sales ¥2,448 million (YoY +8.5%) / Operating profit ¥69 million (YoY +72.5%) / Contract manufacturing-related business Net Sales ¥3,339 million (YoY -30.5%) / Operating profit ¥543 million (YoY -15.8%) / Other Businesses Net Sales ¥5,522 million (YoY +8.3%) / Operating profit ¥637 million (YoY -11.0%)
Breakdown of Factors Affecting the ChangeFactors Increase in operating profit from a large-scale modification project in the AP-Related Business / Amount ¥310 million, Factors Change in revenue from the AP-Related Business / Amount ¥-153 million, Factors Change in revenue from the BP-Related Business / Amount ¥95 million, Factors Change in revenue from the Environment and Transport-Related Business / Amount ¥1,117 million, Factors Change in revenue from the Contract Manufacturing Business / Amount ¥-1,463 million, Factors Change in revenue from the Other Business / Amount ¥421 million
Key KPIsOrders received ¥59,756 million (YoY +20.4%), Order backlog ¥33,426 million (YoY +46.4%), Domestic AP revenue ¥15,257 million (YoY +0.6%), Overseas AP revenue ¥4,070 million (YoY -5.7%), AP revenue in China ¥3,122 million (YoY +11.5%), AP revenue in Thailand ¥574 million (YoY -33.7%)
Unit price and quantity metricsNumber of mobile plants ordered 29 Units (YoY +26.1%), Value of mobile plants ordered ¥1,920 million (YoY +52.3%), Number of stationary crushing machines ordered 16 Units (YoY -36.0%), Value of stationary crushing machines ordered ¥326 million (YoY -25.1%), Number of mobile plants sold 28 Units (YoY -9.7%), Number of stationary crushing machines sold 29 Units (YoY +38.1%)
Assumptions Underlying the Business OutlookHigh-probability inquiries and preliminary orders in domestic AP Just under 20, Orders for SL coating equipment related to the environment ¥2.5 100 million, Large-scale recycling equipment for private-sector environmental applications ¥3 100 million, Inquiries for fluidization treatment equipment related to the environment ¥4 100 million, Inquiries for gypsum-based solidifying material production equipment related to the environment ¥2 100 million
Orders received and order backlogOrders received ¥59,756 million / Order backlog ¥33,426 million
Market Size / ShareSales trends for a combined total of 4 listed road paving companies are presented. Specific market share: not disclosed
New initiativesA new model is under development in AP China to differentiate the business, Integrating sales and manufacturing companies in Thailand to reduce fixed costs, Lowering the break-even point in AP Thailand through fixed-cost reductions, Expanding sales of projects for Vietnam and Taiwan
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey points of the Q&A

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 FY2025, performance benefited from domestic replacement demand supported by subsidies and expressway projects in China in the AP-Related Business; capital investment and maintenance demand, together with price pass-through, in the BP-Related Business; and demand for railway and recycling equipment and progress on large-scale projects in the Environment and Transport-Related Business. For FY2026, the company expects orders and sales to expand in the AP, BP, Crushing Equipment and Other Businesses, while delivery timing changes are expected in the Environment and Transport-Related Business, and a challenging market environment, price competition and higher procurement costs are expected in the Contract Manufacturing Business.

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 Presentation Materials for the Fiscal Year Ending March 2026 | NIKKO CO.,LTD. (6306) timely disclosure | Komori