NOK (7240) Q3 2026 earnings summary

Executive summary

• Net sales for the nine months ended December 31, 2025, were ¥557,719 million, down 5.3% year-over-year.

• Operating income declined 13.0% year-over-year to ¥27,111 million, and profit attributable to owners of parent fell 12.3% to ¥25,374 million.

• Ordinary income saw a smaller decrease of 2.3% year-over-year, supported by increased foreign exchange gains.

• Comprehensive income surged 125.3% year-over-year to ¥69,141 million, driven by valuation gains on securities and currency translation adjustments.

Financial highlights

• Gross profit for the period was ¥100,629 million, down from ¥104,983 million the previous year.

• EPS for the nine months was ¥155.36, compared to ¥175.98 in the prior year.

• Total assets increased to ¥960,388 million, and net assets rose to ¥666,250 million.

• Equity ratio stood at 64.9% at the end of Q3 FY2025.

Outlook and guidance

• Full-year net sales forecast is ¥726,900 million, down 5.2% year-over-year.

• Operating income is projected at ¥32,900 million (down 11.7%), and profit attributable to owners of parent at ¥36,500 million (up 20.4%).

• No changes to previously announced financial forecasts.

• An extraordinary loss from the divestiture of roller product business subsidiaries will be recorded in Q4.