Nitto Kohki revises forecasts, boosts operating profit despite lower sales

Nitto Kohki revised its consolidated financial forecasts for the first half and full fiscal year ending March 31, 2026. For the first half, net sales are now projected at JPY 13,170 million, down from JPY 13,600 million, while operating profit is significantly increased to JPY 920 million, from JPY 240 million. Full-year net sales are revised to JPY 27,300 million, from JPY 29,290 million, with operating profit increased to JPY 1,500 million, from JPY 600 million. Profit attributable to owners of parent remains unchanged at JPY 650 million. The revisions reflect lower-than-expected sales but improved operating efficiency and a forecasted improvement in new plant utilization.

Concurrently, the company announced an off-floor distribution of 596,700 common shares between November 21 and November 28, 2025, aiming to improve share distribution and liquidity. Additionally, Nitto Kohki is disposing of 70,360 treasury shares as restricted stock incentives for its employee shareholding association on March 19, 2026, at JPY 1,767 per share, totaling JPY 124,326,120. This initiative is designed to support employee asset building, enhance welfare benefits, and align employee and shareholder interests.