Nisshinbo (3105) Q3 2026 earnings summary

Executive summary

• 9M net sales ¥391,369 million, up 7.4% YoY; operating profit ¥34,765 million, up 84.3%, and profit attributable to owners of parent ¥27,493 million, up 98.9%.

• Results benefited from growth in Wireless and Communications and Micro Devices returning to profitability; Real Estate sales and profit declined on lower property-sale scale.

Financial highlights

• Ordinary profit was ¥36,139 million, up 69.6% YoY; comprehensive income was ¥29,602 million versus ¥9,056 million a year earlier.

• Gross profit was ¥99,750 million versus ¥87,202 million; SG&A was ¥64,985 million versus ¥68,334 million for 9M 2025.

• Extraordinary income totaled ¥10,271 million, including ¥8,357 million from investment-security sales; extraordinary losses totaled ¥7,892 million, including ¥4,724 million of subsidiary business-structure improvement expenses.

Outlook and guidance

• FY2026 forecast: net sales ¥510,000 million (+1.5% YoY), operating profit ¥28,000 million (+6.1%), ordinary profit ¥28,000 million (-4.5%), and attributable profit ¥26,000 million (+86.8%); basic EPS ¥166.42.

• Forecast revised: sales expected slightly below the prior outlook, while operating profit, ordinary profit, and attributable profit are expected to exceed it; molded-products business sale is expected to generate extraordinary income.

• Q4 operating profit is expected to decline from the first three quarters due to bonus-accrual timing changes and business-portfolio transformation expenses; FX assumptions are ¥150/$ and ¥175/€.