Nippon Carbon (5302) Q1 2026 earnings summary

Executive summary

• Net sales rose 11.3% year-over-year to ¥8,857 million for the three months ended March 31, 2026.

• Operating profit declined 17.9% year-over-year to ¥1,057 million, and ordinary profit fell 31.2% to ¥832 million.

• Profit attributable to owners of parent decreased 28.6% year-over-year to ¥481 million.

Financial highlights

• Gross profit decreased to ¥2,316 million from ¥2,518 million year-over-year.

• Earnings per share dropped to ¥43.58 from ¥60.96 year-over-year.

• Comprehensive income was ¥567 million, down 9.0% year-over-year.

• Total assets as of March 31, 2026, were ¥83,604 million, down from ¥85,607 million at the previous year-end.

• Net assets stood at ¥62,883 million, with an equity ratio of 64.1%.

Outlook and guidance

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

• Operating profit for the full year expected to decline 10.6% to ¥4,300 million.

• Profit attributable to owners of parent projected to fall 44.1% to ¥2,700 million.

• Annual dividend forecast maintained at ¥200 per share.