Nifco (7988) Q3 2026 earnings summary

Executive summary

• Net sales for 3Q FY2025 were ¥262.3bn, a 0.6% decrease year-over-year, with operating profit at ¥37.7bn, down 0.4% YoY.

• Net income increased 2.2% year-over-year to ¥28.5bn, and comprehensive income declined by 11.0% to ¥25.1bn.

• Operating profit margin remained strong at 14.4% on a cumulative basis.

• Progress against the full-year budget is 75% for sales and 76% for operating profit.

Financial highlights

• EPS rose to ¥301.56 from ¥286.66 year-over-year.

• Net assets increased to ¥286.6bn, with a net assets ratio of 76.1%.

• Total assets decreased to ¥372.3bn from ¥379.8bn at the previous year-end.

• OPM held at 14.4% (vs. 14.3% prior year).

• Equity capital at the end of the period was ¥283.4bn.

Outlook and guidance

• Full-year forecast: net sales ¥348.0bn, operating profit ¥49.5bn, OPM 14.2%.

• Profit attributable to owners of parent is projected at ¥30.6bn, a 5.1% increase.

• Basic EPS for the full year is forecast at ¥315.76.

• Dividend per share forecast for FY2025 is ¥80.00, up from ¥75.00 in FY2024.

• Achievement rates: 75.4% for sales, 76.2% for operating profit, 93.1% for net income, and 95.5% for EPS as of 3Q.