NIKKON Holdings (9072) Q2 2026 earnings summary

Executive summary

• Net sales for 1H FY2026/3 rose 9.6% year-over-year to ¥131,912 million, driven by business expansion, M&A activities, and increased cargo handling volume.

• Operating profit performance was mixed: one report shows a 30.3% increase to ¥11,537 million, while another notes a 6.6% decline to ¥10,772 million due to goodwill amortization and initial costs from new subsidiaries.

• Profit attributable to owners of parent grew, with one report citing a 23.5% increase to ¥5,109 million and another a 6.8% rise to ¥7,201 million, both aided by gains on sales of securities.

• Comprehensive income surged 58.0% year-over-year to ¥7,632 million.

Financial highlights

• Ordinary profit increased, with one report showing a 6.8% rise to ¥12,320 million and another a 1.0% increase to ¥11,048 million, mainly due to reduced foreign exchange losses.

• Total assets increased to ¥433,180 million, with significant growth in property, plant, and equipment.

• Issued ¥10 billion in bonds and borrowed up to ¥19 billion for M&A funding.

• Gross profit for the period was ¥20,623 million, up from ¥19,099 million in the prior year.

• Cash and cash equivalents at period end were ¥35,773 million, a decrease of ¥164 million from March 31, 2025.

Outlook and guidance

• Medium-term plan targets FY2026/3 net sales of ¥280 billion and operating profit of ¥28 billion, with a 10% operating profit ratio and 8% ROE.

• Progress rates at 2Q: 47.1% for net sales and 38.5% for operating profit.

• Full-year forecast remains unchanged: net sales ¥280,000 million (+13.0% YoY), operating profit ¥28,000 million (+20.9% YoY), ordinary profit ¥29,400 million (+22.7% YoY), profit attributable to owners of parent ¥20,000 million (+20.8% YoY), and basic EPS ¥165.89.