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Earnings6651NITTO KOGYO CORPORATIONElectrical Equipment and Precision Instruments

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP)

In the first quarter of the fiscal year ending March 2027, net sales increased 8.8% year on year and operating income increased 60.7%. The full-year earnings forecast and dividend forecast are unchanged from the previously announced figures.

Worth reading
45Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
60.7
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales45,536¥ millionYear on year +8.8%Progress 21.7%
Operating profit2,979¥ millionYear on year +60.7%Progress 17.8%
Ordinary income3,178¥ millionYear on year +56.3%Progress 18.7%
Net income attributable to owners of the parent1,554¥ millionYear on year +67.2%Progress 13.4%

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¥40.96
Financial position at period-end
Total assets187,161¥ million
of which net assets 124,728 ¥ millionEquity ratio 65.8%vs. prior year-end -1.0pt

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 revenue
Electrical and information infrastructure-related manufacturing, construction and services business26,93459.2%+3.6%
Electrical and information infrastructure-related distribution business14,07530.9%+16.6%
Electronic components-related manufacturing business4,5259.9%+20.1%
Segment profit
Electrical and information infrastructure-related manufacturing, construction and services business1,62254.4%+42.0%
Electrical and information infrastructure-related distribution business71724.1%+105.0%
Electronic components-related manufacturing business64121.5%+97.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥210,000 million (YoY +7.3%)
Operating profit¥16,700 million (YoY +8.1%)
Ordinary income¥17,000 million (YoY +4.5%)
Net income¥11,600 million (YoY +0.9%)
Annual Dividend Forecast¥152 → ¥154(+1.3%)
Factors Behind Changes in Business Performance

Sales increased across all segments due to corporate capital investment demand driven by increased investment in AI and semiconductors. The effects of price revisions, IT investment associated with new construction and expansion of data centers, and growing semiconductor demand also contributed.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥14 million
Depreciation and amortization¥1,510 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End40,458,000
Treasury Shares at Period-End2,520,886
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥45,536 million (YoY +8.8%)
Operating profit¥2,979 million (YoY +60.7%)
Ordinary income¥3,178 million (YoY +56.3%)
Profit attributable to owners of the parent¥1,554 million (YoY +67.2%)
Net income per share¥40.96
Equity ratioEnd of the current fiscal period 65.8 / End of previous period 66.8
Total assets¥187,161 million
Net assets¥124,728 million
Full-year earnings forecastNet Sales ¥210,000 million (YoY +7.3%) / Operating profit ¥16,700 million (YoY +8.1%) / Ordinary income ¥17,000 million (YoY +4.5%) / Net income ¥11,600 million (YoY +0.9%)
Annual Dividend Forecast¥152 → ¥154(+1.3%)
Segment revenueElectrical and information infrastructure-related manufacturing, construction and services business ¥26,934 million (YoY +3.6%) / Electrical and information infrastructure-related distribution business ¥14,075 million (YoY +16.6%) / Electronic components-related manufacturing business ¥4,525 million (YoY +20.1%)
Segment profitElectrical and information infrastructure-related manufacturing, construction and services business ¥1,622 million (YoY +42.0%) / Electrical and information infrastructure-related distribution business ¥717 million (YoY +105.0%) / Electronic components-related manufacturing business ¥641 million (YoY +97.0%)
Depreciation and amortization¥1,510 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥14 million
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End40,458,000
Treasury Shares at Period-End2,520,886
Factors Behind Changes in Business PerformanceSales increased across all segments due to corporate capital investment demand driven by increased investment in AI and semiconductors. The effects of price revisions, IT investment associated with new construction and expansion of data centers, and growing semiconductor demand also contributed.
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 periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional 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.

Sales increased across all segments, led by the electrical and information infrastructure-related distribution business, due to corporate capital investment demand driven by increased investment in AI and semiconductors. The effects of price revisions, new construction and expansion of data centers, and growing semiconductor demand also contributed.

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Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) | NITTO KOGYO CORPORATION (6651) timely disclosure | Komori