Nitto Kohki forecasts revenue growth, expects profit dip

Nitto Kohki (TSE:6151) announced its FY2025 financial results and provided guidance for FY2026. Revenue reached JPY 27.256 billion, a slight increase of 0.7% year-over-year, with operating profit at JPY 2.342 billion, down 12.6% due to rising costs. For FY2026, the company forecasts revenue of JPY 29.290 billion, representing a 7.5% increase, driven by expansion in automation, energy, and international markets. However, operating profit is expected to decline significantly to JPY 600 million, a 74.4% decrease, attributed to increased depreciation and expenses associated with the newly constructed Fukushima factory. Despite the profit dip, Nitto Kohki intends to maintain its annual dividend at JPY 40 per share. The company also highlighted its ongoing investments in R&D and international expansion.