)
NSK (6471) investor relations material
NSK Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 FY2027 sales rose 26.2% YoY to ¥520,351 million; operating income increased 69.8% to ¥30,066 million and attributable net income rose 78.8% to ¥18,838 million.
Industrial Machinery strength, reforms and yen weakness supported results; Automotive demand remained weak in Europe and China.
Results include Steering following consolidation from September 1, 2025, affecting year-on-year comparability.
Financial highlights
H1 sales were ¥520,351 million versus ¥412,250 million; operating income was ¥30,066 million versus ¥17,708 million, with a 5.8% reported margin.
H1 operating income excluding specified one-time and other items was ¥33.5bn, up ¥17.1bn YoY; income before taxes was ¥28,909 million and attributable net income was ¥18,838 million.
Operating income benefited from ¥7.1bn FX impact, ¥5.4bn from volume and mix, and ¥2.7bn from profitability improvements.
H1 U.S. tariff-related cost increases were fully offset by price pass-through, for a net zero impact.
Outlook and guidance
FY2027 forecast: sales ¥1,050bn, operating income ¥56bn, income before taxes ¥53.5bn and attributable net income ¥34bn; adjusted operating income forecast is ¥71bn.
Versus July, guidance rose ¥10bn for sales and ¥6bn for operating income; H2 FX assumptions are USD/JPY 155, EUR/JPY 175 and CNY/JPY 22.5.
FY2027 Industrial Machinery forecast is ¥436bn sales and ¥37.5bn operating income; adjusted operating income is ¥44bn, or 10.1% of sales.
Automotive FY2027 forecast is ¥403bn sales and ¥17.5bn operating income; adjusted margin target is 5%, with global vehicle production forecast at 91m units.
H2 Industrial Machinery sales forecast is ¥221.5bn; operating income is ~¥19bn including ~¥5bn structural reform costs, and exceeds ¥24bn excluding them, at a margin of at least 11%.
- Industrial weakness cut FY2024 earnings; FY2025 guidance targets recovery with restructuring costs.6471
Q4 2024 - Q1 profit and sales soared on robust industrial demand and yen weakness, prompting an upward forecast revision.6471
Q1 2027 - Aims for 8% ROE by FY2028 via portfolio reform, digitalization, and ESG-focused growth.6471
Investor presentation - Strong growth, NS&C acquisition, and NTN integration drive further expansion in FY2026.6471
Q4 2026 - Q3 sales and profits surged, driven by NS&C acquisition and reforms, with guidance raised amid risks.6471
Q3 2026 - Sales and profits surged on steering consolidation and segment growth, with outlook upgraded.6471
Q2 2026 - Profits fell on yen strength, but automotive segment income rose and guidance is unchanged.6471
Q1 2026 - Sales up, profit down on one-time costs; net income lifted by discontinued operations.6471
Q2 2025 - Sales and profits rose, but next year is forecast to decline amid global and currency risks.6471
Q4 2025
Next NSK earnings date
Next NSK earnings date
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
)
)