Nihon Dengi (1723) investor relations material

Executive summary

• Net sales for the three months ended June 30, 2026, rose 3.2% year-over-year to ¥8,696 million, with operating profit up 39.4% to ¥1,756 million and profit attributable to owners of parent up 39.3% to ¥1,298 million.

• Comprehensive income increased 18.5% year-over-year to ¥1,824 million for the quarter.

• Both air conditioning instrumentation and industrial systems segments contributed to growth.

• A 4-for-1 stock split was implemented as of April 1, 2026.

Financial highlights

• Gross profit increased 15.1% to ¥4,086 million, with gross margin improving from 42.2% to 47.0%.

• Operating income margin improved to 20.2% from 14.9% year-over-year.

• Basic earnings per share for the quarter was ¥20.37, up from ¥14.62 year-over-year, reflecting the stock split.

• Total assets as of June 30, 2026, were ¥55,790 million, with net assets at ¥47,088 million.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2027: net sales ¥51,500 million (up 11.1% year-over-year), operating profit ¥12,500 million (up 5.7%), profit attributable to owners of parent ¥8,700 million (up 3.0%), and basic EPS ¥136.51.

• FY27 4Q net sales and orders received are forecast to continue increasing, reflecting ongoing robust demand.

• No revisions to previously announced earnings or dividend forecasts.