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IR & Research Intelligence

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Equity Bottom-Up

<ul><li>Nitto Kogyo Corporation (hereafter, the Company) announced earnings results for Q1 FY2026/3 after the market closed on August 4, 2025.</li><li>Against the backdrop of strong capital investment demand and growing IT investment appetite, all segments experienced sales growth.</li><li>The Company reported consolidated net sales of JPY 41,842 mn (+8.0% YoY), operating profit of JPY 1,854 mn (+15.8% YoY), and ordinary profit of JPY 2,033 mn (+1.9% YoY), all showing growth. </li></ul>

Nitto Kogyo Corporation (hereafter, the Company) announced earnings results for Q1 FY2026/3 after the market closed on August 4, 2025.Against the backdrop of strong capital investment demand and growing IT investment appetite, all segments experienced sales growth.The Company reported consolidated net sales of JPY 41,842 mn (+8.0% YoY), operating profit of JPY 1,854 mn (+15.8% YoY), and ordinary profit of JPY 2,033 mn (+1.9% YoY), all showing growth. 

Q1 Follow-Up - NITTO KOGYO CORPORATION (6651 JP) - September 5, 2025

<ul><li>Nitto Kogyo Corporation (hereafter, the Company) announced full-year earnings results for FY2025/3 after market close on May 15, 2025.</li><li>The Company reported net sales of JPY 184,683 mn (+14.9% YoY), operating profit of JPY 13,432 mn (+12.2% YoY), ordinary profit of JPY 13,516 mn (+7.6% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 12,097 mn (+38.8% YoY).</li><li>Price revisions and improvements in transaction prices substantially boosted profits. Net profit rose substantially as it recorded a gain on bargain purchases of JPY 2,395 mn under extraordinary income, in line with the acquisition of consolidated subsidiary Tempearl Industry in April 2024. </li></ul>

Nitto Kogyo Corporation (hereafter, the Company) announced full-year earnings results for FY2025/3 after market close on May 15, 2025.The Company reported net sales of JPY 184,683 mn (+14.9% YoY), operating profit of JPY 13,432 mn (+12.2% YoY), ordinary profit of JPY 13,516 mn (+7.6% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 12,097 mn (+38.8% YoY).Price revisions and improvements in transaction prices substantially boosted profits. Net profit rose substantially as it recorded a gain on bargain purchases of JPY 2,395 mn under extraordinary income, in line with the acquisition of consolidated subsidiary Tempearl Industry in April 2024. 

Q4 Follow-Up - NITTO KOGYO CORPORATION (6651 JP)

<ul><li>Nitto Kogyo Corporation (hereafter, the Company) is a leading manufacturer of distribution boards and panel boards for electrical and telecommunications infrastructure, as well as enclosures that house telecommunications and precision equipment.</li><li>The company has 42 sales offices and eight factories in Japan.</li><li>The Company is working to expand its business in ASEAN countries, with overseas production and sales bases in China, Thailand, and Singapore. </li></ul>

Nitto Kogyo Corporation (hereafter, the Company) is a leading manufacturer of distribution boards and panel boards for electrical and telecommunications infrastructure, as well as enclosures that house telecommunications and precision equipment.The company has 42 sales offices and eight factories in Japan.The Company is working to expand its business in ASEAN countries, with overseas production and sales bases in China, Thailand, and Singapore. 

Nitto Kogyo Corporation (6651 JP) - Full Report - May 2, 2025

<ul><li>Q3 2025/3 Earnings Result Summary: Nitto Kogyo Corporation (hereafter, the Company) announced net sales of JPY 133,354 mn (+14.1% YoY), operating profit of JPY 9,298 mn (+3.3% YoY), ordinary profit of JPY 9,503 mn (-0.0% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 9,014 mn (+36.3% YoY).</li><li>The double-digit increase in net profit was attributed to the recording of extraordinary gains on the acquisition of shares in a subsidiary.</li><li>FY2025/3 Earnings Forecast: The forecast calls for net sales of JPY178,000 mn (+10.8% YoY), operating profit of JPY12,000 mn (+0.3% YoY), ordinary profit of JPY12,000 mn (-4.5% YoY), and net profit of JPY10,000 mn (+14.7% YoY).</li></ul>

Q3 2025/3 Earnings Result Summary: Nitto Kogyo Corporation (hereafter, the Company) announced net sales of JPY 133,354 mn (+14.1% YoY), operating profit of JPY 9,298 mn (+3.3% YoY), ordinary profit of JPY 9,503 mn (-0.0% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 9,014 mn (+36.3% YoY).The double-digit increase in net profit was attributed to the recording of extraordinary gains on the acquisition of shares in a subsidiary.FY2025/3 Earnings Forecast: The forecast calls for net sales of JPY178,000 mn (+10.8% YoY), operating profit of JPY12,000 mn (+0.3% YoY), ordinary profit of JPY12,000 mn (-4.5% YoY), and net profit of JPY10,000 mn (+14.7% YoY).

Nitto Kogyo Corporation (6651 JP) - Q3 Follow-Up

<ul><li>H1 2025/3 Earnings Result Summary: Nitto Kogyo Corporation (hereafter, the Company) announced net sales of JPY 81,983 mn (+12.1% YoY), operating profit of JPY 4,063 mn (-14.8% YoY), ordinary profit of JPY 4,433 mn (-14.5% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 5,212 mn (+46.2% YoY).</li><li>Net profit rose, due to the booking of an extraordinary gain from the acquisition of subsidiary shares. Sales and net profit were record-high in H1.</li><li>FY2025/3 Earnings Forecast: Following H1 earnings, the Company revised its full-year FY2025/3 earnings forecast.</li></ul>

H1 2025/3 Earnings Result Summary: Nitto Kogyo Corporation (hereafter, the Company) announced net sales of JPY 81,983 mn (+12.1% YoY), operating profit of JPY 4,063 mn (-14.8% YoY), ordinary profit of JPY 4,433 mn (-14.5% YoY), and profit attributable to owners of parent (hereafter, net profit) of JPY 5,212 mn (+46.2% YoY).Net profit rose, due to the booking of an extraordinary gain from the acquisition of subsidiary shares. Sales and net profit were record-high in H1.FY2025/3 Earnings Forecast: Following H1 earnings, the Company revised its full-year FY2025/3 earnings forecast.

Nitto Kogyo Corporation (6651 Jp) - Q2 Follow-Up - December 19, 2024

Japan

NITTO KOGYO CORPORATION manufactures and sells a variety of power switchboards. The Company also manufactures metal/resin parts for power switchboards, and circuit breakers.

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Nitto Kogyo (6651 JP)

Q1 Follow-Up - NITTO KOGYO CORPORATION (6651 JP) - September 5, 2025

Nitto Kogyo Corporation (hereafter, the Company) announced earnings results for Q1 FY2026/3 after the market closed on August 4, 2025.

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Q4 Follow-Up - NITTO KOGYO CORPORATION (6651 JP)

Sales and profit grew on improved transaction price and price revisions in FY2025/3; Targeting third consecutive year of operating profit growth...

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Nitto Kogyo Corporation (6651 JP) - Full Report - May 2, 2025

Nitto Kogyo Corporation (hereafter, the Company) is a leading manufacturer of distribution boards and panel boards for electrical and...

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Nitto Kogyo Corporation (6651 JP) - Q3 Follow-Up

Q3 sales of core manufacturing, construction, and service business up19.7% YoY, with full-year sales and net profit on track to reach record highs

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Nitto Kogyo Corporation (6651 Jp) - Q2 Follow-Up - December 19, 2024

Net profit rose, due to the booking of an extraordinary gain from the acquisition of subsidiary shares. Sales and net profit were record-high in H1.

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