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NITTO DENKO, 6% Increase in Net Income, Record High for The First Time in Two Years, Dividend Raised by 4 Yen

Mon Apr 27, 2026 4:00 pm JST Earnings

6988 NITTO DENKO CORPORATION 【IFRS】

Earnings Report

NITTO DENKO CORPORATION <6988> [TSE Prime] announced its financial results (based on IFRS) after the market closed on April 27th (16:00). The consolidated net income for the fiscal year ended March 2026 decreased by 2.7% from the previous period to 133 billion yen. For the fiscal year ending March 2027, the consolidated net income is expected to grow by 5.6% to 141 billion yenExpected to reach record high profits for the first time in two years. This will be the third consecutive term of revenue growth.

At the same time, the company has decided to increase the dividend this fiscal year to 64 yen, an increase of 4 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated net income amounted to 27.7 billion yen, a 2.6% decrease compared to the same period last year. However, the operating profit margin rose from 13.9% in the same period last year to 14.8%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 915,139 139,132 138,901 102,679 143.9 52 Apr 26, 2024 IFRS
Mar, 2025 1,013,878 185,667 185,329 137,237 195.7 56 Apr 25, 2025 IFRS
Mar, 2026 1,028,171 183,615 184,976 133,498 197.2 60 Apr 27, 2026 IFRS
YoY +1.4% -1.1% -0.2% -2.7% +0.7%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Guidance 1,027,000 186,000 186,000 136,000 201.9 60 Jan 26, 2026 IFRS
Mar, 2026 Results 1,028,171 183,615 184,976 133,498 197.2 60 Apr 27, 2026 IFRS
Revision Rate +0.1% -1.3% -0.6% -1.8% -2.3%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 513,569 94,504 95,167 68,926 101.3 30 Oct 27, 2025 IFRS
Apr - Sep, 2026 Guidance 527,500 97,000 97,000 71,000 105.4 32 Apr 27, 2026 IFRS
YoY +2.7% +2.6% +1.9% +3.0% +4.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 1,013,878 185,667 185,329 137,237 195.7 56 Apr 25, 2025 IFRS
Mar, 2026 1,028,171 183,615 184,976 133,498 197.2 60 Apr 27, 2026 IFRS
Mar, 2027 Guidance 1,065,000 193,000 193,000 141,000 209.3 64 Apr 27, 2026 IFRS
YoY +3.6% +5.1% +4.3% +5.6% +6.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 235,593 32,732 32,484 28,548 40.7 13.9 Apr 25, 2025 IFRS
Apr - Jun, 2025 246,192 42,645 43,307 31,303 45.7 17.3 Jul 28, 2025 IFRS
Jul - Sep, 2025 267,377 51,859 51,860 37,623 55.3 19.4 Oct 27, 2025 IFRS
Oct - Dec, 2025 272,626 53,356 53,515 36,777 54.2 19.6 Jan 26, 2026 IFRS
Jan - Mar, 2026 241,976 35,755 36,294 27,795 41.1 14.8 Apr 27, 2026 IFRS
YoY +2.7% +9.2% +11.7% -2.6% +0.8%

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