NGK Spark Plug sees profit growth, director changes announced

NGK Spark Plug (TSE:5334) announced a robust performance for the fiscal year ending March 2025, alongside strategic executive changes. Revenue increased 6.3% year-over-year to JPY652.99 billion, driving operating profit up 20.5% to JPY129.66 billion, and net profit attributable to owners of the parent climbed 12.1% to JPY92.625 billion. The company forecasts continued growth, projecting revenue of JPY688 billion and operating profit of JPY130 billion for the next fiscal year.