NOK (7240) investor relations material

Executive summary

• Net sales rose 5.5% year-over-year to 181,243 million yen for Q1 FY2026, with operating income up 9.3% to 7,650 million yen and ordinary income up 54.9% to 13,365 million yen.

• Profit attributable to owners of parent increased 58.4% year-over-year to 9,075 million yen, driven by higher operating income and foreign exchange gains.

• Comprehensive income surged 182.7% year-over-year to 21,799 million yen.

Financial highlights

• Gross profit for Q1 FY2026 was 34,053 million yen, up from 31,329 million yen in Q1 FY2025.

• Net income per share increased to 56.99 yen from 35.11 yen year-over-year.

• Total assets grew to 966,457 million yen, and net assets to 681,275 million yen as of June 30, 2026.

• Capital adequacy ratio remained strong at 65.7%.

Outlook and guidance

• Full-year FY2026 net sales forecast at 756,600 million yen (up 2.5% year-over-year), with operating income projected at 35,000 million yen.

• Ordinary income forecasted at 48,300 million yen (up 3.1%), and profit attributable to owners of parent at 46,400 million yen.

• Net income per share for the full year projected at 285.22 yen.

• No changes to previously announced financial projections.