Komori
Earnings9913NIPPO LTD.Trading & Wholesale

Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated)

For the fiscal year ended March 2026, net sales increased 3.4% year on year and operating income increased 5.5%, achieving the ¥2.0 billion operating income target. For the fiscal year ending March 2027, net sales are expected to increase, while operating income, ordinary income and net income are forecast to decline. Annual dividends are expected to return to ¥79 per share from ¥154, including a special dividend.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
3.4
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales46,403¥ millionYear on year +3.4%Progress 98.1%
Operating profit2,079¥ millionYear on year +5.5%Progress 101.4%
Ordinary income2,269¥ millionYear on year +7.8%Progress 113.5%
Net income attributable to owners of the parent1,441¥ millionYear on year +3.2%Progress 102.2%

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¥159.32
Operating Margin4.5%
Financial position at period-end
Total assets36,518¥ million
of which net assets 17,992 ¥ millionEquity ratio 49.3%vs. prior year-end -1.6pt

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+308
Investment-1,091
Financials+1,127
Net change+344

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¥6,718 million
Segment revenueElectronics ¥21,556 million (YoY +3.4%), Mobility ¥17,676 million (YoY +4.9%), Medical and Precision Equipment ¥7,305 million (YoY -1.5%), Other ¥203 million (YoY -5.6%)
Segment profitElectronics ¥1,775 million (YoY +15.8%), Mobility ¥1,162 million (YoY +0.2%), Medical and Precision Equipment ¥706 million (YoY +78.2%), Other ¥59 million (YoY -5.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥47,300 million (YoY +1.9%)
Operating profit¥2,050 million (YoY -1.4%)
Ordinary income¥2,000 million (YoY -11.9%)
Net income¥1,410 million (YoY -2.2%)
Annual Dividend Forecast¥154 per share → ¥79 per share(-48.7%)
Payout ratio50.8%
Factors Behind Changes in Business Performance

In Electronics, orders for functional materials and precision-machined components remained firm, supported by demand for semiconductors related to generative AI. In Mobility, the economic recovery in Southeast Asia, orders for brake-related components from the Vietnam plant and cost-reduction initiatives at the Thailand plant contributed to results. In Medical and Precision Equipment, orders for medical equipment components and printer-related components from the Vietnam and Philippines plants, together with cost-reduction initiatives at plants across ASEAN, contributed to results.

Disclosure regarding the going concern assumption

Not applicable (no matters to report in the notes on the going concern assumption)

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 / Excluded 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Impairment loss¥20 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥21 million, Gain on sale of investment securities ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥11 million, Impairment Loss on Investment Securities ¥247 million, Impairment Losses ¥20 million
Depreciation and amortization¥1,611 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,127,338 Shares
Treasury Shares at Period-End60,554 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥46,403 million (YoY +3.4%)
Operating profit¥2,079 million (YoY +5.5%)
Ordinary income¥2,269 million (YoY +7.8%)
Profit attributable to owners of the parent¥1,441 million (YoY +3.2%)
Net income per share¥159.32
Operating Margin4.5%
Equity ratioEnd of the current fiscal period 49.3% / End of previous period 50.9%
Total assets¥36,518 million
Net assets¥17,992 million
Cash flows from operating activities¥308 million
Cash flows from investing activities¥-1,091 million
Cash flows from financing activities¥1,127 million
Cash and cash equivalents at end of period¥6,718 million
Full-year earnings forecastNet Sales ¥47,300 million (YoY +1.9%) / Operating profit ¥2,050 million (YoY -1.4%) / Ordinary income ¥2,000 million (YoY -11.9%) / Net income ¥1,410 million (YoY -2.2%)
Annual Dividend Forecast¥154 per share → ¥79 per share(-48.7%)
Payout ratio50.8%
Segment revenueElectronics ¥21,556 million (YoY +3.4%), Mobility ¥17,676 million (YoY +4.9%), Medical and Precision Equipment ¥7,305 million (YoY -1.5%), Other ¥203 million (YoY -5.6%)
Segment profitElectronics ¥1,775 million (YoY +15.8%), Mobility ¥1,162 million (YoY +0.2%), Medical and Precision Equipment ¥706 million (YoY +78.2%), Other ¥59 million (YoY -5.0%)
Depreciation and amortization¥1,611 million
Impairment loss¥20 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥21 million, Gain on sale of investment securities ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥11 million, Impairment Loss on Investment Securities ¥247 million, Impairment Losses ¥20 million
Disclosure regarding the going concern assumptionNot applicable (no matters to report in the notes on the going concern assumption)
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 / Excluded 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,127,338 Shares
Treasury Shares at Period-End60,554 Shares
Factors Behind Changes in Business PerformanceIn Electronics, orders for functional materials and precision-machined components remained firm, supported by demand for semiconductors related to generative AI. In Mobility, the economic recovery in Southeast Asia, orders for brake-related components from the Vietnam plant and cost-reduction initiatives at the Thailand plant contributed to results. In Medical and Precision Equipment, orders for medical equipment components and printer-related components from the Vietnam and Philippines plants, together with cost-reduction initiatives at plants across ASEAN, contributed to results.
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlog

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.

Results were supported by demand for semiconductors related to generative AI, an economic recovery in Southeast Asia, orders related to automobiles and medical equipment, and cost-reduction initiatives at each plant. For the fiscal year ending March 2027, however, profit is expected to remain at the previous year's level or decline because the impact of the situation in Iran on raw-material supplies and the extent of increases in procured-material prices cannot be forecast with certainty.

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Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated) | NIPPO LTD. (9913) timely disclosure | Komori