Narasaki Sangyo (8085) Q1 2026 earnings summary

Executive summary

• Revenue increased 1.7% year-over-year to ¥24,368 million for the first quarter, but operating profit turned to a loss of ¥6 million due to higher selling, general, and administrative expenses.

• Ordinary profit dropped 83.6% year-over-year to ¥78 million, and net profit attributable to shareholders fell 94.0% to ¥19 million.

• The company is in the second year of its mid-term plan, focusing on building a foundation for future growth and strengthening governance.

Financial highlights

• Gross profit was ¥2,517 million, down from ¥2,600 million year-over-year.

• Comprehensive income rose to ¥184 million, up 16.8% year-over-year.

• Total assets decreased to ¥53,071 million from ¥56,479 million at the previous fiscal year-end.

• Equity ratio improved to 48.5% from 46.3% at the previous year-end.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥118,000 million, with operating profit projected at ¥3,500 million and net profit at ¥2,500 million.

• No revision to previously announced earnings guidance.