Niterra (5334) Q4 2026 earnings summary

Executive summary

• Achieved record-high sales revenue and operating profit for the fifth consecutive fiscal year, with revenue reaching ¥731.2 billion and operating profit at ¥138.2 billion, driven by strong performance in both OEM assembly and aftermarket products despite a decline in ICE vehicle production volume.

• Net income attributable to owners grew 21.9% to ¥112.8 billion, and comprehensive income surged to ¥149.8 billion, supported by favorable exchange differences.

• The first year of the medium-term management plan is progressing well, with robust demand in both automotive and semiconductor-related businesses.

Financial highlights

• FY2025 revenue rose to ¥731.2 billion, up 12% year-over-year; operating profit increased 6.6% to ¥138.1 billion.

• Gross profit improved to ¥280.9 billion from ¥258.1 billion year-over-year.

• Profit before income taxes grew 24.1% to ¥165.4 billion; profit attributable to owners of the parent increased 21.9% to ¥112.8 billion.

• Basic earnings per share increased to ¥570.43 from ¥466.34 year-over-year.

• Annual dividend per share increased by ¥27 to ¥205, with a total payout ratio of 49.2%.

Outlook and guidance

• FY2026 revenue is forecast to reach ¥790.0 billion (+8% YoY), with operating profit expected at ¥150.0 billion (+8.6% YoY).

• Net income attributable to owners is expected at ¥105.0 billion for FY2027.

• Annual dividend forecast is ¥210 per share, a ¥5 increase.

• Assumptions include continued high precious metal prices and steady demand for automotive and semiconductor products.