Nadex revises full-year forecast, announces share buyback despite Q2 sales rise

Nadex announced its Q2 2026 consolidated financial results, revealing net sales of JPY 16,849 million, a 1.9% increase year-on-year. Operating profit was JPY 355 million and ordinary profit reached JPY 466 million. Profit attributable to owners of parent was JPY 108 million. Despite these gains, the company revised its full-year forecast, projecting net sales of JPY 38,000 million (down 11.6%) and profit attributable to owners of parent of JPY 650 million (down 23.5%), primarily due to delays in EV charging station deliveries in North America.

The company also announced a share buyback and cancellation program. It will acquire up to 230,000 shares, representing 2.7% of outstanding shares (excluding treasury stock), for a maximum of JPY 200 million between December 10, 2025, and May 29, 2026. These acquired shares will be cancelled on June 26, 2026, following an earlier cancellation of 262,700 shares on November 21, 2025.

Nadex maintains its fiscal year-end dividend forecast at JPY 20.00 per share, leading to a total annual dividend of JPY 31.00 per share for the fiscal year ending April 2026.