Nichias (5393) Q1 2027 earnings summary

Executive summary

• Net sales for FY2026 Q1 rose 16% year-over-year to ¥71,954 million, with broad-based growth across segments.

• Operating income increased 20.7% year-over-year to ¥11,136 million, with margin improvement to 15.5%.

• Profit attributable to owners grew 25.3% year-over-year to ¥8,231 million.

• Comprehensive income surged 113.7% year-over-year to ¥11,342 million.

• A 3-for-1 stock split was implemented effective April 1, 2026.

Financial highlights

• Net sales: ¥71,954 million, up from ¥62,000 million in FY2025 Q1.

• Operating income: ¥11,136 million, up from ¥9,229 million, with margin at 15.5%.

• Ordinary income: ¥11,850 million, up 28% year-over-year.

• Basic earnings per share: ¥43.56, up from ¥34.09 year-over-year (adjusted for stock split).

• Dividend per share: ¥35, with a payout ratio of 40%.

Outlook and guidance

• Full-year FY2026 forecast: net sales ¥288,000 million (+14.3%), operating income ¥49,000 million (+32.4%), profit attributable to owners ¥35,000 million (+10.6%), and basic EPS ¥186.13.

• First half FY2026 forecast: net sales ¥141,500 million (+15.3%), operating income ¥22,500 million (+26.6%), profit attributable to owners ¥16,500 million (+29.5%), and basic EPS ¥87.58.