NGK announced on 30 October 2026 that it had revised upward its earnings outlook for the current fiscal year and would increase the dividend by ¥20. In conjunction with this, net income for the second quarter increased substantially from the year-earlier period, drawing market attention as a factor supporting an upward revision to the full-year outlook.
NGK announced on 30 October 2026 that it had raised its ordinary profit outlook for the current fiscal year by 20% and would increase the dividend by ¥20. Following the latest earnings announcement, updates to both earnings and the dividend were made on the same day, affecting share price movements. The announcement also suggested that business expansion was an improvement factor compared with the initial plan.
According to the earnings summary, revenue, operating profit and ordinary profit for the second quarter of the fiscal year ending October 2026 exceeded the year-earlier period, while interim net income attributable to owners of the parent was ¥60.8 billion. By segment, the Energy & Industry business posted lower revenue, but segment earnings turned from a loss in the year-earlier period to a profit.
Performance over the past 12 quarters has been improving, with net profit margin and operating profit margin both rising. The increase in the equity ratio and decline in interest-bearing debt have strengthened stability, while year-on-year growth in revenue and EPS has continued. Growth in demand for semiconductors for AI applications and progress in the mass production of high-ceramic carriers are cited as areas of focus going forward, although risks including semiconductor supply and demand conditions and foreign exchange fluctuations have also been identified.