Nomura Micro Science (6254) Q4 2026 earnings summary

Executive summary

• Net sales for FY ended March 31, 2026, declined 41.6% YoY to ¥56,245 million, with operating profit down 56.6% to ¥6,667 million and profit attributable to owners of parent down 62.6% to ¥3,818 million.

• Orders received dropped 49.5% YoY due to a reactionary decline after large-scale water treatment equipment orders in the prior year.

• The semiconductor industry remained robust, but delays in project commencements and completion of prior large projects impacted results.

Financial highlights

• Gross profit for FY2026 was ¥12,707 million, down from ¥21,110 million in FY2025.

• Comprehensive income fell 50.8% YoY to ¥4,863 million.

• Cash and cash equivalents at year-end decreased to ¥9,933 million from ¥16,539 million.

• Equity to assets ratio improved to 35.6% from 31.2% YoY.

Outlook and guidance

• FY2027 forecasts: net sales ¥97,000 million (+72.5% YoY), operating profit ¥16,000 million (+140.0%), profit attributable to owners of parent ¥11,100 million (+190.7%).

• Orders received expected to surge 245.5% YoY to ¥164,780 million, driven by strong semiconductor sector demand.

• Annual dividend forecast for FY2027 is ¥85 per share.