NAGAWA (9663) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended September 30, 2025, reached ¥16,408 million, with operating profit at ¥1,830 million and ordinary profit at ¥2,231 million, reflecting year-over-year growth.

• Net income for the period was ¥1,182 million, with basic earnings per share of ¥75.70.

Financial highlights

• Gross profit for the period was ¥6,635 million on net sales of ¥16,408 million.

• Operating profit margin was approximately 11.2% for the six-month period.

• Extraordinary losses totaled ¥448 million, mainly due to a ¥434 million loss on valuation of investment securities.

• Cash and cash equivalents at the end of the period were ¥9,966 million, down from ¥11,433 million at the start.

Outlook and guidance

• Full-year net sales forecast is ¥38,000 million, up 7.7% year-over-year.

• Operating profit is projected at ¥5,500 million, up 27.9% year-over-year, with net income forecast at ¥4,000 million (down 5.1%).

• Annual dividend forecast is ¥100 per share.