Nitta (5186) Q4 2026 earnings summary

Executive summary

• Achieved record highs in revenue, operating profit, and net income for FY2025, driven by strong demand in logistics, automotive, and a recovery in semiconductor manufacturing equipment sectors.

• Net sales increased by 1.7% year-over-year to ¥91,834 million for the fiscal year ended March 31, 2026.

• Operating income rose 13.7% year-over-year to ¥5,862 million, and net income attributable to owners increased 11.5% to ¥13,529 million.

• Overseas sales ratio increased to 33.2%, with notable growth in North America and steady demand in Asia.

• Management continues to focus on capital efficiency, shareholder returns, and progressive dividend increases.

Financial highlights

• Net sales rose 1.7% year-over-year to ¥91,834 million; operating income up 13.7% to ¥5,862 million.

• Gross profit improved to ¥25,896 million from ¥24,246 million year-over-year, with gross profit margin at 28.2%.

• Net assets rose to ¥165,625 million, with an equity-to-asset ratio of 85.6%.

• Cash and cash equivalents at year-end were ¥36,393 million, up from ¥35,061 million.

• Annual dividend per share increased to ¥160.00, with a payout ratio above 30%.

Outlook and guidance

• FY2026 net sales forecasted at ¥94,000 million (+2.4%), operating income at ¥6,200 million (+5.8%).

• Net income expected to decrease to ¥12,300 million (-9.1%) due to anticipated cost increases.

• Full-year EPS is forecast at ¥445.89.

• Continued focus on growth in semiconductor-related products and global expansion.