Nippon Tungsten Co.,Ltd. reported net sales of ¥4.2 billion, up 34.0% year on year, operating profit of ¥632 million, up 207.5%, and net income of ¥556 million, up 207.0%, for the first quarter of the fiscal year ending March 2027. The company also announced that, reflecting its strong performance, it plans to raise its interim dividend forecast to ¥60.
According to the earnings report summary for Nippon Tungsten Co.,Ltd.'s first quarter of the fiscal year ending March 2027, net sales rose 34.0% year on year to ¥4.2 billion, operating profit increased 207.5% to ¥632 million, and net income grew 207.0% to ¥556 million. In response, the company plans to raise its interim dividend forecast to ¥60.
A summary of recent earnings trends indicates that a modest improvement trend has continued over the past 12 quarters. Net profit margin has improved significantly year on year, while ROE has remained below the desirable level.
The earnings announcement schedule is listed as undecided, with a note that the latest earnings trends should continue to be monitored.