Nippon Seiki (7287) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended September 30, 2025, rose 2.5% year-over-year to 156,242 million yen, with operating profit up 52.3% to 5,247 million yen, driven by strong motorcycle instrument sales in ASEAN and India.

• Profit attributable to owners of parent surged 327.1% to 3,847 million yen, with comprehensive income improving to 6,604 million yen from a loss of 4,467 million yen in the prior year.

• Automobile instrument sales declined due to stagnation in China and lower HUD sales in North America and Europe.

• Interim dividend of 40 yen maintained, with no change to full-year forecasts.

Financial highlights

• Gross profit increased to 22,676 million yen from 21,420 million yen year-over-year.

• Basic earnings per share jumped to 65.13 yen from 12.69 yen year-over-year.

• Cash and cash equivalents increased to 43.7 billion yen as of September 30, 2025.

• Net cash provided by operating activities rose to 18,613 million yen from 4,202 million yen year-over-year.

• Total assets at September 30, 2025, were 332,832 million yen, with equity attributable to owners at 221,689 million yen (66.6% of total assets).

Outlook and guidance

• Full-year forecast unchanged: sales revenue 320,000 million yen (+1.1% YoY), operating profit 11,300 million yen (+17.9% YoY), profit attributable to owners of parent 8,000 million yen (+30.7% YoY).

• Annual dividend forecast is 80 yen per share, with interim and year-end dividends planned at 40 yen each.

• Tariff policy in the US expected to increase costs by 1.5 billion yen for the year.