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Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
Nippon Carbon
Nippon Carbon (5302) investor relations material
Nippon Carbon Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary9 Feb, 2026
Executive summary
Net sales for FY2025 were ¥37,735 million, a slight decrease of 0.6% year-over-year.
Operating profit declined 23.9% to ¥4,809 million, and ordinary profit fell 23.7% to ¥5,103 million compared to FY2024.
Profit attributable to owners of parent increased 18.4% to ¥4,830 million year-over-year.
Comprehensive income decreased 17.3% to ¥4,529 million.
Financial highlights
Gross profit dropped to ¥10,257 million from ¥11,485 million year-over-year.
Earnings per share rose to ¥436.91 from ¥369.03 year-over-year.
Return on equity was 9.1%, up from 8.0% in the previous year.
Net assets increased to ¥63,607 million, with an equity ratio of 63.5%.
Cash and cash equivalents at year-end were ¥15,035 million, up from ¥12,154 million.
Outlook and guidance
FY2026 net sales are forecast at ¥41,000 million, up 8.7% year-over-year.
Operating profit is projected to decrease 10.6% to ¥4,300 million, and profit attributable to owners of parent is expected to fall 44.1% to ¥2,700 million.
Earnings per share for FY2026 are forecast at ¥244.19.
How will investment sale proceeds be deployed
What drives the significant 2026 profit forecast decline?
Impact of new accounting policies on financials?
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Next Nippon Carbon earnings date
Q1 202611 May, 2026
Nippon Carbon
Next Nippon Carbon earnings date
Q1 202611 May, 2026
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