Nagano Keiki (7715) Q1 2026 earnings summary

Executive summary

• Q1 FY 03/2026 saw declines in net sales, operating profit, and net income year-over-year, with all major business segments except measurement & control equipment and die-cast experiencing lower sales and profits.

• The company maintained its full-year forecasts and shareholder return policies, despite the challenging quarter.

Financial highlights

• Net sales for Q1 FY 03/2026 were ¥15,879 million, down 6.2% year-over-year.

• Operating profit fell 22.3% to ¥1,346 million, with operating margin dropping from 10.2% to 8.5%.

• Ordinary profit decreased 29.6% to ¥1,303 million.

• Profit attributable to owners of parent declined 27.9% to ¥1,047 million.

• Gross profit decreased by ¥535 million, partially offset by lower SG&A and other expenses.

Outlook and guidance

• Full-year FY 03/2026 net sales forecast remains at ¥67,100 million, a 3.5% decrease year-over-year.

• Operating profit forecast is ¥6,800 million, down 11.1% year-over-year.

• No changes to shareholder return policy or dividend guidance.