Nippon Kayaku's first half profit jumps nearly 96% on investment security sales

Nippon Kayaku Co., Ltd. reported consolidated net sales of 113,575 million yen for the first half of the fiscal year ending March 31, 2026, a 4.1% increase year-on-year. Despite this sales growth, operating income decreased by 4.9% to 10,618 million yen, and ordinary income saw a 7.0% decline to 10,843 million yen.

Profit attributable to owners of parent, however, showed a substantial increase of 95.7% to 11,689 million yen, largely driven by a gain on sales of investment securities. Basic earnings per share for the period were 75.07 yen, up from 36.21 yen in the prior year. Total assets increased by 18,195 million yen to 391,904 million yen, with net assets rising 704 million yen to 269,224 million yen.

The company maintains its full-year forecast for the fiscal year ending March 31, 2026, anticipating net sales of 239,800 million yen and profit attributable to owners of parent of 20,400 million yen, or 133.54 yen per share. The dividend forecast remains unchanged at 60.00 yen per share for the full year.