In Q1 FY2027/3, Nitto Kogyo Corporation (hereafter, the Company) reported net sales of JPY 45,536 mn (+8.8% YoY), supported by corporate capital investment demand amid expanding investment in artificial intelligence (AI) and semiconductors.
Profit also increased sharply, with operating profit rising 60.7% YoY to JPY 2,979 mn, ordinary profit increasing 56.3% YoY to JPY 3,178 mn, and profit attributable to owners of parent (hereafter, net profit) rising 67.2% YoY to JPY 1,554 mn.
Despite a strong start in Q1, the Company maintained its full-year FY2027/3 forecast (see the table below for forecast figures).
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