Nittoseiko Co (5957) Q3 2026 earnings summary

Executive summary

• 9M net sales rose 5.8% YoY to ¥38,070 million; operating profit increased 27.4% to ¥2,822 million and profit attributable to owners of parent rose 39.7% to ¥1,791 million.

• Firm automotive, AI/data-center and overseas investment demand supported results; the new medium-term plan focuses on business expansion, environment, human capital and finance.

Financial highlights

• Gross profit increased 7.4% to ¥9,232 million, with gross margin rising to 24.3% from 23.9%; SG&A rose 0.4% to ¥6,409 million.

• Ordinary profit rose 31.7% to ¥2,803 million; profit attributable to owners of parent was ¥1,791 million versus ¥1,283 million a year earlier.

• Prior-year M&A-related expenses of ¥302 million supported the YoY profit comparison.

• Profit before income taxes was ¥2,887 million; extraordinary income was ¥85 million, including a ¥75.8 million gain on sale of investment securities, while extraordinary losses were ¥0.2 million.

Outlook and guidance

• FY2026 forecast: net sales ¥52,000 million (+3.5%), operating profit ¥3,800 million (+10.7%), ordinary profit ¥3,800 million (+11.5%) and parent-attributable profit ¥2,300 million (+6.9%).

• FY2026 forecast EPS is ¥63.29; annual dividend forecast is ¥24 per share, including ¥12 at fiscal year-end, versus ¥23 for FY2025.

• Priorities include automotive and ADAS fasteners, data centers, standard assembly machines, Indian market growth, analytical instruments and shipbuilding-related flowmeters; initiatives include pricing, cost control, efficiency and automation.

• Standard-machine orders are being converted to year-end sales.