NOK (7240) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2024, rose 3.8% year-over-year to ¥589,106 million, with operating income up 77.2% to ¥31,173 million and profit attributable to owners of parent up 36.9% to ¥28,926 million.

• The seal business saw a slight sales decline but higher operating income, while the electronic product business posted both higher sales and a significant jump in operating income.

• Total assets decreased by ¥18,398 million from March 31, 2024, mainly due to a decrease in investment securities; net assets decreased by ¥2,001 million, reflecting dividend payments and revaluation of securities.

Financial highlights

• Gross profit increased to ¥104,983 million from ¥87,735 million year-over-year.

• Operating income rose to ¥31,173 million (up 77.2%), and ordinary income reached ¥41,306 million (up 36.3%).

• Net income per share for the period was ¥175.98, up from ¥125.15 in the prior year.

• Comprehensive income fell to ¥30,681 million from ¥47,692 million year-over-year, mainly due to negative other comprehensive income.

Outlook and guidance

• Full-year forecast revised upward: net sales expected at ¥755,700 million (up 0.7%), operating income at ¥35,300 million (up 54.1%), and profit attributable to owners of parent at ¥30,200 million (up 13.7%).

• Net income per share for the full year is forecast at ¥183.73.