URL : https://www.niterragroup.com/english/ Stock listing : Tokyo Prime section, Nagoya Premier section Code number 5334
Head office : 1-1-1 Higashisakura, Higashi-ku, Nagoya, Aichi, 461-0005, Japan Representative : Takeshi Kawai, President and COO
Billions of yen Three months ended
2024 | 2025 | ||||||
Jun.30 | Sep.30 | Dec.31 | Mar.31 | Jun.30 | Sep.30 | ||
For the three months: | |||||||
Revenue | 165.5 | 159.1 | 161.1 | 167.3 | 169.9 | 181.2 | |
Operating profit | 39.1 | 33.2 | 31.0 | 26.3 | 33.8 | 38.1 | |
Profit before income taxes | 42.4 | 29.5 | 35.0 | 26.4 | 33.8 | 42.3 | |
Profit attributable to owners of the | |||||||
parent | 27.8 | 22.5 | 24.1 | 18.2 | 24.0 | 29.7 | |
Revenue by industry segments: Spark & glow plugs | 92.0 | 90.4 | 88.7 | 91.5 | 92.3 | 97.1 | |
Automotive sensors | 46.4 | 42.0 | 45.5 | 46.2 | 47.7 | 48.2 | |
Automotive components | 138.5 | 132.4 | 134.2 | 137.8 | 140.0 | 145.3 | |
Component solutions | 25.2 | 24.6 | 25.5 | 27.7 | 28.0 | 33.5 | |
Yen | |||||||
Actual exchange rate: | |||||||
Yen - U.S. dollar | 156 | 149 | 152 | 153 | 145 | 147 | |
Yen - Euro | 168 | 164 | 163 | 161 | 164 | 172 | |
(Note) As for the changes in reportable segments, please refer to the segment information for further details.
Forecast for the fiscal year ending March 31, 2026Forecast for the fiscal year ending March 31, 2026 (Reference) Fiscal year
Automotive components
Component solutions
Others Adjustment Consolidated Millions of yen
ended March 31,
2025
Revenue | 567,271 | 118,333 | 3,600 | (1,204) | 688,000 | 652,993 |
Operating profit | 123,484 | 6,516 | 0 | - | 130,000 | 129,660 |
Profit before income taxes Profit attributable to owners of the parent | 129,000 90,000 | 133,313 92,625 | ||||
Depreciation | 31,933 | 6,405 | - | - | 38,339 | 39,690 |
Capital expenditure | 21,830 | 16,114 | - | - | 37,944 | 37,532 |
Yen | ||||||
Earnings per share (Basic) | 453.10 | 466.34 | ||||
Dividends per share | 186.00 | 178.00 | ||||
Note : Assumed exchange rates in the latter half of this fiscal year are; | ||||||
1 U.S. dollar = 145 Yen 1 Euro = 170 Yen
The financial results for this interim consolidated fiscal year exceeded our financial forecast announced at the beginning of this fiscal year for the following reasons: The exchange rates moved towards yen depreciation in addition to that the estimated effect of U.S. tariff increase was reduced by the decrease in tax rates, and the delay in accounting timing due to the effects of effective timing and inventory status.
Regarding the latter half after the third quarter, we revised the estimated exchange rates 1 U.S. dollar = 140 yen and 1 Euro = 155 yen premised at the beginning of this fiscal year to 1 U.S. dollar = 145 yen and 1 Euro = 170 yen, assuming a trend of performance improvement. We also revised the estimated financial effect of U.S. tariff measures on our business performance in the same way as for this interim consolidated fiscal year. While we initially estimated a negative effect of approximately 6 billion yen on operating income for this consolidated fiscal year, we now estimate that this negative effect will be reduced to approximately 1 billion yen.
On the other hand, a sharp rise in the price of precious metals, which are parts of main raw materials, has been newly identified as another temporary factor contributing to business decline. The demand trend in the U.S. finished product market remains uncertain after the price revision as a solution for the impact of tariffs.
Furthermore, the purchase price allocation (PPA) and depreciation of Niterra Materials included as our consolidated subsidiary from this consolidated fiscal year has not been decided yet.
Considering these circumstances, we have decided to forgo upward revisions to the full-year consolidated performance forecast and keep the financial forecast announced at the beginning of this fiscal year unchanged.
Disclaimer statements:
The above forecast is based on information available at the time of this announcement. Therefore, we cannot guarantee accuracy and completeness of the forecast due to various factors.
Assets
Current assets
Millions of yen
March 31, 2025 September 30, 2025
Cash and cash equivalents | 208,192 | 252,030 | |
Trade and other receivables | 147,551 | 159,576 | |
Other financial assets | 25,263 | 11,067 | |
Inventories | 183,932 | 204,246 | |
Other current assets | 20,778 | 22,615 | |
Subtotal | 585,718 | 649,535 | |
Assets held for sale | 2,800 | 1,437 | |
Total current assets | 588,518 | 650,972 | |
Noncurrent assets | |||
Property, plant and equipment | 219,974 | 248,632 | |
Goodwill and intangible assets | 44,221 | 164,410 | |
Right-of-use assets | 9,872 | 11,154 | |
Investments accounted for using the equity method | 19,199 | 23,267 | |
Other financial assets | 93,082 | 91,955 | |
Deferred tax assets | 14,456 | 17,443 | |
Other noncurrent assets | 1,641 | 1,817 | |
Total noncurrent assets | 402,448 | 558,682 | |
Total assets | 990,966 | 1,209,654 | |
Liabilities and equity Liabilities
Current liabilities
Millions of yen
March 31, 2025 September 30, 2025
Trade and other payables | 57,660 | 67,697 | |
Bonds and borrowings | 16,719 | 111,902 | |
Other financial liabilities | 3,871 | 5,306 | |
Income taxes payable | 21,935 | 22,750 | |
Other current liabilities | 53,000 | 59,437 | |
Subtotal | 153,187 | 267,094 | |
Liabilities directly associated with assets held for sale | 461 | - | |
Total current liabilities | 153,648 | 267,094 | |
Noncurrent liabilities | |||
Bonds and borrowings | 139,964 | 190,831 | |
Net defined benefit liabilities | 8,827 | 11,453 | |
Other financial liabilities | 7,310 | 8,403 | |
Income tax payable - noncurrent | 105 | - | |
Deferred tax liabilities | 2,332 | 1,911 | |
Other noncurrent liabilities | 4,054 | 4,970 | |
Total noncurrent liabilities | 162,594 | 217,569 | |
Total liabilities | 316,243 | 484,663 | |
Equity | |||
Capital stock | 47,869 | 47,869 | |
Capital surplus | 55,724 | 55,319 | |
Retained earnings | 509,900 | 548,607 | |
Treasury stock | (2,199) | (1,672) | |
Other components of equity | 63,278 | 71,722 | |
Total equity attributable to owners of the parent | 674,573 | 721,847 | |
Noncontrolling interests | 149 | 3,143 | |
Total equity | 674,722 | 724,991 | |
Total liabilities and equity | 990,966 | 1,209,654 | |
Millions of yen
2024 | 2025 | ||
Revenue | 324,587 | 351,171 | |
Costs of sales | (193,566) | (214,155) | |
Gross profit | 131,020 | 137,015 | |
Selling, general and administrative expenses | (62,036) | (63,861) | |
Share of profit of investments accounted for using the equity method | 634 | 624 | |
Other income | 3,566 | 1,200 | |
Other expenses | (892) | (2,987) | |
Operating profit | 72,292 | 71,991 | |
Finance income | 5,154 | 6,840 | |
Finance expenses | (5,556) | (2,714) | |
Profit before income taxes | 71,890 | 76,118 | |
Income tax expenses | (21,482) | (19,249) | |
Profit | 50,408 | 56,868 | |
Profit attributable to owners of the parent | 50,398 | 53,756 | |
Profit attributable to noncontrolling interests | 9 | 3,112 | |
Yen
Earnings per share
- Basic 253.51 270.68
- Diluted - -