Nippon Carbon (5302) Q2 2026 earnings summary

Executive summary

• Net sales for the six months ended June 30, 2026, rose 3.9% year-over-year to ¥19,023 million, but operating profit declined 5.1% to ¥2,475 million and profit attributable to owners of parent dropped 40.5% to ¥1,365 million.

• Comprehensive income decreased 9.7% year-over-year to ¥2,728 million.

Financial highlights

• Gross profit for the period was ¥4,996 million, down from ¥5,212 million year-over-year.

• Ordinary profit fell 14.0% year-over-year to ¥2,341 million.

• Earnings per share decreased to ¥124.23 from ¥207.74 in the prior year period.

• Total assets as of June 30, 2026, were ¥85,032 million, with net assets at ¥64,113 million and an equity ratio of 64.2%.

• Net cash provided by operating activities increased to ¥4,674 million from ¥3,770 million year-over-year.

Outlook and guidance

• Full-year 2026 net sales are forecast at ¥41,000 million, up 8.7% year-over-year.

• Operating profit is projected to decline 10.6% to ¥4,300 million, and profit attributable to owners of parent is expected to fall 44.1% to ¥2,700 million.

• Full-year earnings per share forecast is ¥244.19.

• Annual dividend forecast is ¥200 per share, unchanged from the previous year.