Nippon Light Metal Holdings Company (5703) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, rose 5.7% year-over-year to ¥427,065 million, with operating profit up 20.2% to ¥18,600 million and profit attributable to owners of parent up 20.8% to ¥11,479 million, driven by strong performance in chemicals, aluminum foil, powder, paste products for heat dissipation, and a recovery in automotive parts and truck bodies.

• Comprehensive income increased 27.8% year-over-year to ¥15,180 million for the nine-month period.

Financial highlights

• Gross profit for the nine months ended December 31, 2025, was ¥74,697 million, up from ¥70,075 million year-over-year.

• Ordinary profit increased to ¥16,924 million from ¥14,870 million year-over-year.

• Net profit per share (basic) was ¥186.49, up from ¥153.47 in the prior year period.

• Total assets as of December 31, 2025, were ¥569,467 million, up from ¥544,307 million as of March 31, 2025.

• Net assets increased to ¥260,746 million from ¥250,481 million as of March 31, 2025.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: net sales of ¥590,000 million (up 7.2% year-over-year), operating profit of ¥23,000 million (up 5.8%), ordinary profit of ¥21,000 million (up 6.1%), and profit attributable to owners of parent of ¥15,000 million (up 21.2%).

• Net profit per share for the full year is projected at ¥243.69.

• Dividend forecast for the year is ¥80.00 per share, up from ¥70.00 in the previous year.

• Full-year forecasts remain unchanged due to external uncertainties, with continued strength expected in heat dissipation products and automotive parts.

• Demand for aluminum sheets for LiB packages to remain solid; foil for LiB exteriors expected to adjust after Q3.