Nagase projects record profits, announces share split and buyback

Nagase & Co. Ltd. reported consolidated results for the six months ended September 30, 2025, with net sales of 479,734 million yen, a slight decrease of 0.3% year-on-year. Despite this, gross profit increased by 3.3% to 90,913 million yen, and operating income remained flat at 21,058 million yen. Profit attributable to owners of the parent decreased by 5.6% to 15,089 million yen. The company’s total assets grew to 812,939 million yen from 808,143 million yen as of March 31, 2025.

The company has revised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. It now projects net sales of 964,000 million yen (up 0.9%) and gross profit of 183,000 million yen (up 1.1%). Operating income is expected to reach 40,700 million yen (up 3.0%), and ordinary income is forecast at 40,600 million yen (up 5.5%), all anticipating record-high results. Profit attributable to owners of the parent remains unchanged at 31,500 million yen.

Additionally, Nagase announced a four-for-one share split, effective April 1, 2026, aimed at improving share liquidity and expanding the investor base. The company also resolved to repurchase up to 3,500,000 common shares, valued at up to 8 billion yen, between December 8, 2025, and January 31, 2026.