Nippon Carbon (5302) Q4 2025 earnings summary

Executive summary

• Net sales for FY2025 were ¥37,735 million, a slight decrease of 0.6% year-over-year.

• Operating profit declined 23.9% to ¥4,809 million, and ordinary profit fell 23.7% to ¥5,103 million compared to FY2024.

• Profit attributable to owners of parent increased 18.4% to ¥4,830 million year-over-year.

• Comprehensive income decreased 17.3% to ¥4,529 million.

Financial highlights

• Gross profit dropped to ¥10,257 million from ¥11,485 million year-over-year.

• Earnings per share rose to ¥436.91 from ¥369.03 year-over-year.

• Return on equity was 9.1%, up from 8.0% in the previous year.

• Net assets increased to ¥63,607 million, with an equity ratio of 63.5%.

• Cash and cash equivalents at year-end were ¥15,035 million, up from ¥12,154 million.

Outlook and guidance

• FY2026 net sales are forecast at ¥41,000 million, up 8.7% year-over-year.

• Operating profit is projected to decrease 10.6% to ¥4,300 million, and profit attributable to owners of parent is expected to fall 44.1% to ¥2,700 million.

• Earnings per share for FY2026 are forecast at ¥244.19.