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NIHON KOGYO surges as FY03/26 results exceed guidance on strong civil engineering materials demand
NIHON KOGYO CO., LTD. <5279> surged sharply. After the close of trading on the 22nd, the company announced that its consolidated results for the fiscal year ending March 2026, currently being tallied, appear to have exceeded initial forecasts. Revenue is expected to reach 16.3 billion yen (up 10.5% year-on-year), compared to the previous forecast of 15.2 billion yen.
Operating profit is projected at 790 million yen (up 33.0% year-on-year), versus the prior guidance of 630 million yen. Net profit is anticipated to come in at 570 million yen (up 45.0% year-on-year), compared to the previous estimate of 430 million yen. The announcement was well received by the market.
The strong performance was driven by robust growth in the civil engineering materials business, particularly products for port facilities. Additionally, the company successfully promoted high-value-added products and steadily passed on rising raw material costs to selling prices.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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