Nippon Carbon (5302) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended September 30, 2025, were ¥27,479 million, up 0.2% year-over-year.

• Operating profit declined 26.9% year-over-year to ¥3,465 million.

• Profit attributable to owners of parent rose 59.0% year-over-year to ¥4,590 million, driven by extraordinary gains.

Financial highlights

• Gross profit decreased to ¥7,532 million from ¥8,490 million year-over-year.

• Ordinary profit fell 24.2% year-over-year to ¥3,687 million.

• Earnings per share increased to ¥415.15 from ¥261.29 year-over-year.

• Total assets rose to ¥84,287 million as of September 30, 2025, from ¥82,348 million at the previous year-end.

• Net assets increased to ¥62,681 million, with an equity ratio of 63.6%.

Outlook and guidance

• Full-year net sales forecast is ¥36,400 million, a 4.1% decrease year-over-year.

• Operating profit for the full year is projected at ¥4,800 million, down 24.0% year-over-year.

• Profit attributable to owners of parent is forecast at ¥5,900 million, up 44.7% year-over-year.

• Full-year earnings per share forecast is ¥533.61.

• Annual dividend forecast is ¥200 per share.