Nippon Dry-Chemical (1909) investor relations material

Executive summary

• Revenue for Q1 FY2027 was ¥13,260 million, up ¥431 million year-over-year, reflecting steady demand in public and urban redevelopment projects despite macroeconomic uncertainties.

• Operating profit rose to ¥2,030 million (up ¥582 million), ordinary profit to ¥2,094 million (up ¥448 million), and net income attributable to shareholders to ¥1,416 million (up ¥415 million) compared to the same quarter last year.

• The company continues to execute its mid-term plan 'Transformation and Growth 2030' under the NDC Vision 2035, focusing on engineering-driven fire safety solutions.

Financial highlights

• Gross profit for Q1 FY2027 was ¥4,142 million, up from ¥3,469 million year-over-year.

• EPS for Q1 FY2027 was ¥52.83, compared to ¥37.34 in the prior year, reflecting a 4-for-1 stock split.

• Total assets at quarter-end were ¥54,366 million, down ¥2,657 million from the previous fiscal year-end.

• Net assets increased to ¥37,404 million, up ¥1,047 million year-over-year.

• Equity ratio improved to 59.4% from 54.5% at the previous year-end.

Segment performance

• Fire protection equipment business: Sales ¥8,264 million (up ¥258 million), gross profit ¥2,719 million (up ¥556 million) due to progress in large projects and favorable contract profitability.

• Maintenance business: Sales ¥1,909 million (down ¥134 million), gross profit ¥734 million (down ¥77 million) due to project timing shifts.

• Product business: Sales ¥3,087 million (up ¥308 million), gross profit ¥687 million (up ¥193 million) driven by strong equipment sales and small project demand.