Nitto Kogyo surges past half-year forecasts on strong sales

Nitto Kogyo Corporation announced consolidated financial results for the six months ended September 30, 2025, significantly exceeding its May 15, 2025, forecast. Net sales reached JPY 88,962 million, up 2.3% from the JPY 87,000 million forecast. Operating profit surged by 47.0% to JPY 5,292 million against a forecast of JPY 3,600 million. Ordinary profit also notably increased by 56.1% to JPY 5,620 million, compared to the JPY 3,600 million projected. Profit attributable to owners of parent grew by 42.7% to JPY 3,424 million, exceeding the JPY 2,400 million forecast.

This strong performance was attributed to increased sales of high-voltage power receiving equipment in the electrical and telecommunications infrastructure sector, driven by last-minute demand before component specification changes. Higher revenue led to improved marginal profit, complemented by transaction pricing enhancements and foreign exchange gains. Despite the half-year outperformance, the company is maintaining its full-year financial results forecast due to potential procurement risks, rising component prices, and increasing logistics expenses.