The share price moved modestly in late August before falling sharply on 19 August compared with the previous day. The earnings summary showed substantial increases in revenue and profit in the first quarter of the fiscal year ending March 2027, with demand for components for AI servers and residential energy storage systems driving performance.
Between 12 and 18 August, NICHICON CORPORATION's share price moved modestly from ¥2,913 to ¥2,861. It then fell ¥162 from the previous day to ¥2,699 on 19 August, marking a sharp decline. Over the previous five trading days, the stock had traded around ¥3,000 before breaking lower.
The earnings summary for the first quarter of the fiscal year ending March 2027 was released on 5 August. Revenue was ¥44.7 billion, up 12.9% year on year, operating profit was ¥2.8 billion, up 292.1%, and net income was ¥2.5 billion, with all three substantially exceeding the prior-year period. Demand for capacitors for AI servers and residential energy storage systems drove performance.
Performance over the past 12 quarters showed some periods of weakness, but more recently, net profit margin and operating margin have improved and the equity ratio has stabilized. Revenue and EPS have also increased year on year.