Nippon Light Metal Holdings Company (5703) Q4 2026 earnings summary

Executive summary

• Net sales rose 6.4% year-over-year to 585.5 billion yen for the fiscal year ended March 2026, with operating profit up 17.9% to 25.6 billion yen and profit attributable to owners up 26% to 15.6 billion yen.

• Ordinary profit for FY ended March 2026 was 23.6 billion yen, up 20% year-over-year, driven by strong performance in secondary alloy ingots, truck bodies, and heat dissipation applications.

• Comprehensive income increased 32.6% year-over-year to 22.2 billion yen.

• Dividend per share increased to 80 yen, up 10 yen from the previous year.

Financial highlights

• Net sales: 585.5 billion yen (+6.4% YoY); Operating profit: 25.6 billion yen (+17.9% YoY); Ordinary profit: 23.6 billion yen (+19.5% YoY); Profit attributable to owners: 15.6 billion yen (+26% YoY).

• Gross profit increased to 101.5 billion yen from 95.3 billion yen year-over-year.

• Net profit per share (basic) was 253.24 yen, up from 200.01 yen.

• Cash flows from operating activities improved to 25.6 billion yen, while investing activities used 18.1 billion yen.

• Total assets increased to 556.3 billion yen, and net assets to 267.9 billion yen, with an equity ratio of 44.7%.

Outlook and guidance

• FY ending March 2027 forecasts: Net sales 690.0 billion yen (+17.9%), operating profit 27.0 billion yen (+5.4%), ordinary profit 25.0 billion yen (+5.7%), profit attributable to owners 16.5 billion yen (+5.8%).

• Dividend forecast: 100 yen per share (interim 40 yen, year-end 60 yen), up 20 yen YoY.

• Shareholder return policy revised to a total payout ratio of ~40%, including treasury stock acquisition.