Nippon Seisen (5659) Q1 2027 earnings summary

Executive summary

• Net sales rose to ¥12,109 million for the quarter ended June 30, 2026, up 7.4% year-over-year, with significant profit growth across all levels, driven by strong demand for Semiconductor Gas Filters despite flat stainless steel wire sales and sluggish NASLON® Filter sales.

• Operating profit increased 72.9% year-over-year to ¥804 million, and profit attributable to owners of parent more than doubled to ¥635 million.

• Comprehensive income surged 143.5% year-over-year to ¥582 million.

Financial highlights

• Gross profit improved to ¥1,768 million from ¥1,370 million year-over-year, with gross margin expansion.

• Ordinary profit rose to ¥878 million, up 81.7% year-over-year.

• Basic earnings per share doubled to ¥20.69 from ¥10.30 year-over-year.

• Total assets increased to ¥58,470 million as of June 30, 2026, up from ¥56,747 million at the previous fiscal year-end.

• Equity-to-asset ratio at quarter-end was 72.8%.

Outlook and guidance

• Full-year net sales forecast is ¥49,700 million, with ordinary profit projected at ¥3,900 million and profit attributable to owners of parent expected to increase 30.4% year-over-year to ¥2,800 million.

• Dividend per share forecast for FY2026 is ¥18 interim and ¥46 year-end, targeting a payout ratio around 50%.

• No revisions to previously announced earnings or dividend forecasts.