Nichias reports strong first half, announces 5 billion yen share buyback

Nichias Corporation announced first-half results for FY2025 (April 1, 2025 to September 30, 2025), with net sales of 122,744 million yen, operating income of 17,778 million yen, and profit attributable to owners of the parent of 12,737 million yen. Despite a slight year-on-year decrease in net sales, operating income fell, and profit attributable to owners of the parent also decreased. However, these results exceeded the August 7th forecast, primarily driven by strong performance in the Energy & Industrial Plants business. Full-year FY2025 forecasts remain unchanged.

In line with its shareholder return policy, Nichias announced a share buyback program. The company will acquire up to 1,400,000 common shares, totaling 5,000 million yen, from November 12, 2025, to March 31, 2026. This initiative aims to improve shareholder returns and capital efficiency. The annual dividend for FY2025 is forecast at 152.00 yen per share, with a total return ratio set at 50% or higher.