Nikkon Holdings reports strong first half 2025 earnings, adjusts convertible bond

Nikkon Holdings Co., Ltd. reported consolidated financial results for the six months ended September 30, 2025, with net sales reaching 131,912 million yen, a 9.6% increase year-on-year. Operating profit was 10,772 million yen, and profit attributable to owners of parent grew by 6.8% to 7,201 million yen. Basic earnings per share for the period stood at 59.62 yen. The company also announced a fiscal year 2026 forecast, projecting net sales of 280,000 million yen and profit attributable to owners of parent of 20,000 million yen.

Nikkon Holdings announced an adjustment to the conversion price for its Zero Coupon Convertible Bonds due 2031, from 2,065.1 yen to 2,042.2 yen, effective October 1, 2025. This adjustment follows the payment of an interim dividend of 37 yen per share, approved by the board of directors on November 7, 2025. The company also disclosed an ongoing share repurchase program, with 1,009,300 shares repurchased between October 1 and October 31, 2025, for a total of 3,476,194,100 yen.

Furthermore, a special committee, established in June 2025, provided an interim report on its review of the company's real estate ownership and management policies. The committee is assessing strategies to enhance corporate value, including evaluating rental properties and commercial real estate for potential sale or sale and leaseback based on capital efficiency and market value. The final recommendations are expected by the end of 2025.