Noda (7879) Q1 2026 earnings summary

Executive summary

• Revenue for the first quarter was ¥15,175 million, a 4.3% decrease year-over-year, with operating loss widening to ¥267 million and net loss attributable to shareholders at ¥314 million.

• Persistent weak housing demand, cost increases due to yen depreciation, and higher raw material and logistics costs significantly impacted profitability.

Financial highlights

• Operating loss increased to ¥267 million from ¥83 million year-over-year.

• Net loss attributable to shareholders was ¥314 million, compared to ¥201 million in the prior year.

• Total assets rose to ¥73,397 million, and net assets increased to ¥40,024 million.

• Equity ratio improved slightly to 47.2% from 46.8% year-over-year.

• Dividend forecast for the year is ¥30 per share, down from ¥33 in the previous year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥65,000 million, with operating profit of ¥600 million and net profit of ¥200 million.

• No revision to previously announced earnings guidance; management will promptly disclose any changes if necessary.

• Plans to strengthen value-added proposals and implement price increases for key products.