Niitaka (4465) investor relations material

Executive summary

• Achieved year-over-year revenue and profit growth, with net sales up 3.8% to ¥24,619 million, operating profit up 10.1% to ¥2,118 million, and profit attributable to owners of parent rising 5.3% to ¥1,900 million, driven by strong sales in detergents and solid fuels.

• Comprehensive income grew 14.5% year-over-year to ¥1,989 million.

• Chemical segment expanded sales and profits through product growth, price revisions, and cost reductions.

Financial highlights

• Gross profit rose to ¥9,011 million from ¥8,634 million year-over-year, and gross profit margin improved by 0.5pt to 8.6%.

• Ordinary profit increased 13.5% year-over-year to ¥2,217 million.

• Cash flows from operating activities surged to ¥2,704 million from ¥1,044 million year-over-year.

• Cash and cash equivalents at period end were ¥7,888 million, up from ¥6,490 million.

• Annual dividend per share increased to ¥92.00, with a payout ratio of 30.1%.

Outlook and guidance

• FY2027 forecast: revenue up 11.7% to ¥27,500 million, but operating income down 15% to ¥1,800 million and profit attributable to owners of parent to drop 32.4% to ¥1,285 million due to higher raw material and labor costs.

• Chemical segment expected to grow sales 12.9%, healthcare segment to decline 8.2%.

• Operating margin projected to decrease by 2.1pt to 6.5%.