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Earnings6929NIPPON CERAMIC CO.,LTD.Electrical Equipment and Precision Instruments

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

For the 2026 interim period, net sales were roughly in line with the previous year and operating income was also largely flat, while ordinary income increased due to factors including foreign exchange gains. Interim net income attributable to owners of the parent declined sharply because the gain on liquidation of an affiliated company recognized in the previous year was no longer recorded.

Worth reading
52Recurring
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
37.1
% (year-on-year decline in interim net income attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales13,692¥ millionYear on year +0.1%
Operating profit3,147¥ millionYear on year -0.1%
Ordinary income3,648¥ millionYear on year +16.9%
Net income attributable to owners of the parent2,638¥ millionYear on year -37.1%

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.

Financial position at period-end
Total assets54,283¥ million
of which net assets 48,511 ¥ million

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Cash inflows and outflows
Operating+3,498
Investment-2,227
Financials-5,284
Net change-4,013

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¥16,288 million
Outlook and shareholder returns
Revision to Earnings ForecastNo change
Factors Behind Changes in Business Performance

A partial review of product lines focused on capital efficiency and lower sales of products for environmentally friendly vehicles in the Chinese market reduced revenue, while sales of automotive safety products for ADAS, lighting products, and sensor module products for industrial machinery remained solid, and the yen continued to weaken. Ordinary income increased due to factors including the recognition of foreign exchange gains, while interim net income attributable to owners of the parent declined because of the reversal of the previous period's ¥3,445 million gain on liquidation of an affiliated company.

Disclosure regarding the going concern assumption

Not applicable.

Material subsequent eventsAt a meeting of the Board of Directors held on 7 August 2026, the Company resolved to repurchase treasury shares. The repurchase will be capped at 700,000 common shares and a total acquisition cost of ¥2 billion, with the acquisition period running from 18 August 2026 through 30 December 2026.
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Depreciation and amortization¥641 million
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¥13,692 million (YoY +0.1%)
Operating profit¥3,147 million (YoY -0.1%)
Ordinary income¥3,648 million (YoY +16.9%)
Profit attributable to owners of the parent¥2,638 million (YoY -37.1%)
Total assets¥54,283 million
Net assets¥48,511 million
Cash flows from operating activities¥3,498 million
Cash flows from investing activities¥-2,227 million
Cash flows from financing activities¥-5,284 million
Cash and cash equivalents at end of period¥16,288 million
Revision to Earnings ForecastNo change
Depreciation and amortization¥641 million
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Disclosure regarding the going concern assumptionNot applicable.
Material subsequent eventsAt a meeting of the Board of Directors held on 7 August 2026, the Company resolved to repurchase treasury shares. The repurchase will be capped at 700,000 common shares and a total acquisition cost of ¥2 billion, with the acquisition period running from 18 August 2026 through 30 December 2026.
Factors Behind Changes in Business PerformanceA partial review of product lines focused on capital efficiency and lower sales of products for environmentally friendly vehicles in the Chinese market reduced revenue, while sales of automotive safety products for ADAS, lighting products, and sensor module products for industrial machinery remained solid, and the yen continued to weaken. Ordinary income increased due to factors including the recognition of foreign exchange gains, while interim net income attributable to owners of the parent declined because of the reversal of the previous period's ¥3,445 million gain on liquidation of an affiliated company.
Items this document does not state (17)
Net income per shareOperating MarginEquity ratioFull-year earnings forecastAnnual Dividend ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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 of automotive safety products for ADAS, lighting products, and sensor module products for industrial machinery remained solid, while the weaker yen also boosted sales. On the other hand, lower sales of products for environmentally friendly vehicles in the Chinese market and a partial review of product lines reduced revenue. Interim net income attributable to owners of the parent declined because the gain on liquidation of an affiliated company of ¥3,445 million recorded in the previous period was no longer recognized.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | NIPPON CERAMIC CO.,LTD. (6929) timely disclosure | Komori