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NGK SPARK PLUG, First Half Net Income Unexpectedly Revised Upward by 7%, Current Fiscal Year Dividend Revised Upward by 4 Yen

Fri Oct 31, 2025 4:40 pm JST Earnings

5334 Niterra Co.,Ltd. 【IFRS】

Earnings Report

NGK SPARK PLUG CO.,LTD. <5334> [TSE Prime] announced its financial results (based on IFRS) after the market closed on October 31st (16:40). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) increased 6.7% from the same period last year, reaching 53.7 billion yen, resulting in an increase in profits compared to the previous forecast of an 18.1% decrease.

Progress toward the full-year plan of 90.0 billion yen was 59.7%, also surpassing the five-year average of 49.9%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to decrease 14.2% from the same period last year to 36.2 billion yen.

At the same time, the company has increased its planned annual dividend for the current fiscal year from the original plan of 182 yen to 186 yen (compared to 178 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated net income increased 31.8% from the same period last year, reaching 29.7 billion yen. The operating profit margin rose from 20.8% in the same period last year to 21.0%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 301,152 57,009 65,576 46,186 227.6 56.0 Oct 30, 2023 IFRS
Apr - Sep, 2024 324,587 72,292 71,890 50,398 253.5 53.9 Oct 31, 2024 IFRS
Apr - Sep, 2025 351,171 71,991 76,118 53,756 270.7 59.0 Oct 31, 2025 IFRS
YoY +8.2% -0.4% +5.9% +6.7% +6.8%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 337,300 61,000 59,200 41,300 208.0 91 Apr 30, 2025 IFRS
Apr - Sep, 2025 Results 351,171 71,991 76,118 53,756 270.7 93 Oct 31, 2025 IFRS
Revision Rate +4.1% +18.0% +28.6% +30.2% +30.1%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 688,000 130,000 129,000 90,000 454.4 182 Apr 30, 2025 IFRS
Mar, 2026 New 688,000 130,000 129,000 90,000 454.4 186 Oct 31, 2025 IFRS
Revision Rate 0.0% 0.0% 0.0% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 328,406 57,368 61,423 42,227 212.6 90 Apr 30, 2025 IFRS
Oct - Mar, 2025 Guidance 336,829 58,009 52,882 36,244 183.0 93 Oct 31, 2025 IFRS
YoY +2.6% +1.1% -13.9% -14.2% -13.9%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 614,486 107,591 117,184 82,646 409.5 164 Apr 30, 2024 IFRS
Mar, 2025 652,993 129,660 133,313 92,625 466.3 178 Apr 30, 2025 IFRS
Mar, 2026 Guidance 688,000 130,000 129,000 90,000 454.4 186 Oct 31, 2025 IFRS
YoY +5.4% +0.3% -3.2% -2.8% -2.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 159,137 33,160 29,475 22,549 113.4 20.8 Oct 31, 2024 IFRS
Oct - Dec, 2024 161,086 31,037 35,043 24,051 121.1 19.3 Jan 31, 2025 IFRS
Jan - Mar, 2025 167,320 26,331 26,380 18,176 91.5 15.7 Apr 30, 2025 IFRS
Apr - Jun, 2025 169,927 33,846 33,777 24,034 121.1 19.9 Jul 31, 2025 IFRS
Jul - Sep, 2025 181,244 38,145 42,341 29,722 149.7 21.0 Oct 31, 2025 IFRS
YoY +13.9% +15.0% +43.7% +31.8% +31.9%

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