Nippon Seiki reports strong H1 results, driven by motorcycle sales

Nippon Seiki Co. reported strong financial results for the first half of the fiscal year ending March 2026, with sales revenue increasing by 2.5% year-over-year to 156,242 million yen. Operating profit surged by 52.3% to 5,247 million yen, while profit attributable to owners of the parent significantly increased by 397.9% to 3,735 million yen. These gains were primarily attributed to strong sales of motorcycle instruments in ASEAN and India.

Despite a downturn in automobile instrument sales due to stagnation in China and reduced Head-up Display (HUD) sales in North America, the company's motorcycle segment showed robust growth. The company plans an interim dividend of 40 yen, consistent with its initial forecast, and anticipates a year-end dividend of 40 yen.

Nippon Seiki maintains its full-year FY2026 forecast, projecting 320,000 million yen in sales, 11,300 million yen in operating profit, and 8,000 million yen in profit attributable to owners of the parent. The company aims for an 80% total shareholder return ratio during its Medium-Term Management Plan 2026 period.