Nitta (5186) Q1 2027 earnings summary

Executive summary

• Net sales rose 12.7% year-over-year to ¥24,364 million in Q1 FY2026, driven by strong demand in semiconductor, automotive, and construction machinery sectors.

• Operating income surged 83.7% year-over-year to ¥2,012 million, reflecting successful cost pass-through and robust affiliate earnings.

• Net income attributable to owners increased 51.5% year-over-year to ¥4,156 million.

• Comprehensive income surged to ¥6,120 million from ¥316 million year-over-year.

Financial highlights

• Gross profit increased 19.8% year-over-year to ¥7,246 million.

• Ordinary income grew 56.9% year-over-year to ¥4,979 million.

• Net income per share was ¥151.53, up from ¥99.10 in the prior year period.

• Total assets increased to ¥196,869 million as of June 30, 2026, from ¥192,432 million at March 31, 2026.

• Equity-to-asset ratio remained stable at 85.6%.

Outlook and guidance

• FY2026 full-year forecasts were revised upward: net sales expected at ¥96,000 million (+4.5% vs. previous year), operating income at ¥8,000 million (+36.5%), ordinary income at ¥18,000 million (+21.5%), and net income at ¥15,000 million (+10.9%).

• Annual dividend per share is forecast at ¥170.00, up from ¥160.00 in the previous year.

• Upward revision driven by higher-than-expected demand for semiconductor manufacturing equipment and strong affiliate performance.