Niitaka (4465) Q3 2026 earnings summary

Executive summary

• Revenue/net sales increased 2.3% year-over-year to ¥18,168 million for the third quarter/nine months ended February 28, 2026.

• Operating income/profit rose 25.4% year-over-year to ¥1,703 million, while ordinary profit grew 29.4% to ¥1,785 million.

• Net income/profit attributable to shareholders/owners of parent declined 13.2% year-over-year to ¥1,299 million despite higher operating profit.

• Comprehensive income rose to ¥1,648 million from ¥1,466 million year-over-year.

Financial highlights

• Gross profit increased to ¥6,753 million from ¥6,445 million year-over-year, up 4.8%.

• SG&A expenses decreased by ¥37 million (0.7%) year-over-year and remained stable at ¥5,049 million.

• Earnings per share for the period was ¥219.61, down from ¥253.68 year-over-year.

• Total assets grew to ¥23,436 million from ¥22,584 million as of May 31, 2025.

• Equity ratio improved to 68.0% from 65.3% as of May 31, 2025.

Outlook and guidance

• Full-year net sales forecasted at ¥24,850 million, up 4.8% year-over-year.

• Operating profit projected at ¥2,000 million and ordinary profit at ¥2,080 million for the full year.

• Profit attributable to owners of parent expected to be ¥1,500 million, a 16.9% decrease year-over-year.

• Raw material prices remain stable compared to initial forecasts, but geopolitical risks, especially in the Middle East, are being closely monitored.

• Annual dividend forecast set at ¥76.00 per share.