Nitto Denko (6988) Q4 2025 earnings summary

Executive summary

• Revenue rose 10.8% year-over-year to ¥1,013,878 million for the year ended March 31, 2025, with net profit attributable to owners up 33.6% to ¥137,307 million.

• Operating profit increased 33.4% year-over-year to ¥185,667 million, and basic EPS was ¥195.74, reflecting a strong recovery.

• Total comprehensive income declined 19.4% year-over-year to ¥132,869 million due to negative other comprehensive income, despite higher net profit.

Financial highlights

• Total assets grew to ¥1,321,920 million, and equity attributable to owners reached ¥1,044,083 million as of March 31, 2025.

• Cash flows from operating activities increased to ¥217,908 million, while investing activities used ¥115,105 million.

• Dividend payout ratio was 28.6%, with a year-end dividend of ¥140 per share (pre-stock split basis).

Outlook and guidance

• Fiscal year 2026 revenue is forecast at ¥984,000 million, down 2.9% year-over-year, with net profit attributable to owners expected at ¥125,000 million, down 8.9%.

• Basic EPS is projected at ¥179.87 for the full year ending March 31, 2026.