Nippon Light Metal Holdings Company (5703) Q2 2026 earnings summary

Executive summary

• Semi-annual net sales rose 6.7% year-over-year to 278.7 billion yen, with operating profit up 36.5% to 11.6 billion yen and profit attributable to owners of parent up 13.8% to 5.5 billion yen, driven by strong chemicals and heat dissipation products, and a recovery in automotive parts and truck body businesses.

• Ordinary profit reached 9.7 billion yen, up 33.8% year-over-year, and comprehensive income increased 31.7% to 7.4 billion yen.

• Full-year forecasts remain unchanged, projecting 21.0 billion yen in ordinary profit and 23.0 billion yen in operating profit, reflecting steady performance but accounting for external uncertainties.

Financial highlights

• Gross profit increased from 44.7 billion yen to 48.5 billion yen year-over-year, with total assets growing to 557.6 billion yen and cash and cash equivalents rising to 55.1 billion yen.

• Full-year forecast: net sales 590.0 billion yen (+7.2% YoY), operating profit 23.0 billion yen (+5.8% YoY), ordinary profit 21.0 billion yen (+6.1% YoY), profit attributable to owners 15.0 billion yen (+21.2% YoY), and net profit per share 243.76 yen.

Outlook and guidance

• Full-year guidance unchanged, with steady performance expected; strong sales in heat dissipation and automotive parts to continue.

• Market trends for LiB foil products and semiconductor equipment demand will be closely monitored; recovery in semiconductor-related sales expected in FY2026.

• Annual dividend forecast raised to 80 yen per share, up from 70 yen in the previous year.