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Nitto Kogyo Corporation (6651 Jp) - Aiming for Record-High Net Sales, Operating Profit...
SUMMARY
- Nitto Kogyo Corporation (hereafter, the Company) reported record-high net sales, operating profit, and ordinary profit in FY2026/3 (see key performance figures in the table below).
- Each segment delivered higher sales and profit, supported by resilient corporate capital investment demand, growing appetite for IT investment, and orders secured in the domestic automotive market.
- The decline in profit attributable to owners of parent (hereafter, net profit) was mainly due to the absence of the JPY 2,395 mn gain on bargain purchase recorded in the previous fiscal year in connection with the acquisition of shares in Tempearl Industrial, which became a consolidated subsidiary in April 2024.
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- Nitto Kogyo Corporation (6651 Jp) - Aiming for Record-High Net Sales, Operating Profit...02 Jul 2026
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