Next Generation Technology Group (319A) Q1 2026 earnings summary

Executive summary

• Adjusted EBITDA rose 216.7% and Adjusted Profit surged 335.7% year-over-year in Q1 FY2026, driven by strong demand in superconductivity, semiconductors, and AI data centers, as well as contributions from seven recent acquisitions.

• Net sales for the three months ended March 31, 2026, rose 136.0% year-over-year to ¥6,275 million, with operating profit up 212.7% to ¥906 million.

• Adjusted profit attributable to owners of parent surged 491.3% to ¥1,081 million.

• Comprehensive income for the quarter was ¥1,037 million, up 493.5% from the prior year.

• The acquisition of Osaki in March 2026 marked the first carve-out deal, expanding the portfolio to 19 companies.

Financial highlights

• Net sales: ¥6,275 million in Q1 FY2026, up from ¥2,659 million in Q1 FY2025.

• Adjusted EBITDA: ¥1,396 million, up from ¥441 million year-over-year.

• Adjusted Profit: ¥1,081 million, up from ¥198 million year-over-year.

• Gross profit for the quarter was ¥1,928 million, up from ¥687 million year-over-year.

• Basic earnings per share for the quarter were ¥122.25, compared to ¥21.77 a year earlier.

Outlook and guidance

• FY2026 forecasts: Net sales of ¥23.0 billion, Adjusted EBITDA of ¥4.0 billion, and Adjusted Profit of ¥2.0 billion.

• Q1 progress rates: 27.3% for net sales, 34.9% for Adjusted EBITDA, and 43.2% for Adjusted Profit.

• No dividends are forecast for the fiscal year ending December 31, 2026, reflecting a focus on reinvestment and growth.

• Continued focus on serial acquisitions and value creation in manufacturing sector.