Nichias (5393) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 FY2025 were ¥62.0 billion, a 2% decrease year-over-year, with declines in Energy & Industrial Plants and Advanced Products.

• Operating income for Q1 FY2025 was ¥9.2 billion, down 12% year-over-year.

• Profit attributable to owners was ¥6.6 billion, a 23% decrease from the same quarter last year.

• Comprehensive income declined 45% year-over-year to ¥5.3 billion.

Financial highlights

• Basic earnings per share for Q1 FY2025 was ¥102.28, down 21% year-over-year.

• Dividend for Q1 FY2025 was ¥52, with a payout ratio of 23.6%.

• Gross profit for Q1 was ¥17.3 billion, down from ¥18.0 billion year-over-year.

• Operating margin for the quarter was 14.9%, compared to 16.7% in the prior year.

• Cash and cash equivalents at quarter-end were ¥54.2 billion, a decrease of ¥4.4 billion from the previous year-end.

Outlook and guidance

• Full-year net sales forecast for FY2025 is ¥254.0 billion, a 1% decrease from FY2024.

• Full-year operating income forecast is ¥36.5 billion, down 8% year-over-year.

• Full-year basic EPS forecast is ¥403.93, an 18% decrease from the previous year.

• Profit attributable to owners of the parent is forecast at ¥25.8 billion, down 20%.

• Dividend forecast for FY2025 is ¥152.00 per share.