Nitta CorporationTSE: 5186

Consolidated Financial Results for the Three Months Ended June 30, 2025 (Under Japanese GAAP)

· Issued by Nitta Corporation

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

August 1, 2025

Consolidated Financial Results ‌for the Three Months Ended June 30, 2025 (Under Japanese GAAP)‌‌

Company name: Nitta Corporation Listing: Tokyo Stock Exchange Securities code: 5186

URL: https://www.nitta.co.jp Representative: Seiichi Kitamura, President

Inquiries: Koichi Kakegami, Director, Executive officer, and General Manager of Corporate Center Telephone: +81-6-6563-1211

Scheduled date to commence dividend payments: －

Preparation of supplementary material on quarterly financial results: Yes Holding of quarterly financial results briefing: None

(Yen amounts are rounded down to millions, unless otherwise noted.)

  1. Consolidated financial results for the three months ended June 30, 2025 (April 1, 2025 - June 30, 2025)
    1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      Net sales

      Operating income

      Ordinary income

      Net income attributable to owners of parent

      Three months ended June 30, 2025

      June 30, 2024

      Millions of yen

      21,625

      21,634

      %

      (0.0)

      (0.4)

      Millions of yen

      1,095

      1,162

      %

      (5.7)

      (9.2)

      Millions of yen

      3,174

      3,603

      %

      (11.9)

      18.7

      Millions of yen

      2,744

      3,015

      %

      (9.0)

      20.5

      Note: Comprehensive income

      For the three months ended June 30, 2025:

      ¥316 million

      [-94.6%]

      For the three months ended June 30, 2024:

      ¥5,893 million

      [51.5%]

      Net income per share

      Diluted net income per share

      Three months ended June 30, 2025

      June 30, 2024

      Yen

      99.10

      108.05

      Yen

      -

      -

    2. Consolidated financial position

    Total assets

    Net assets

    Equity-to-asset ratio

    As of

    Millions of yen

    Millions of yen

    %

    June 30, 2025

    178,779

    152,473

    84.8

    March 31, 2025

    179,931

    154,176

    85.3

    Reference: Equity As of June 30, 2025: ¥151,670 million

    As of March 31, 2025: ¥153,392 million

  2. Cash dividends

    Annual dividends per share

    First quarter-end

    Second quarter-end

    Third quarter-end

    Fiscal year-end

    Total

    Yen

    -

    -

    Yen

    Yen

    -

    Yen

    Yen

    Fiscal year ended March 31, 2025

    66.00

    74.00

    140.00

    Fiscal year ending March 31, 2026

    Fiscal year ending March 31, 2026 (Forecast)

    72.00

    -

    73.00

    145.00

    Note: Revisions to the forecast of cash dividends announced most recently: None

  3. Consolidated earnings forecast for the fiscal year ending March 31, 2026 (April 1, 2025 - March 31,
2026)

Net sales

Operating income

Ordinary income

Net income attributable to

owners of parent

Net income per share

Millions of

yen

%

Millions of

yen

%

Millions of

yen

%

Millions of

yen

%

Yen

First half of fiscal year

45,000

1.5

2,600

1.4

6,900

(4.8)

5,700

(2.3)

205.21

Full-year

92,000

1.9

5,300

2.8

14,000

(4.1)

11,500

(5.2)

414.01

Note: Revisions to consolidated earnings forecast announced most recently: None

* Notes

  1. Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None

    Newly included: － (Company name: )

    Excluded: － (Company name: )

  2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:

    None

  3. Changes in accounting policies, changes in accounting estimates, and restatement

    1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

    2. Changes in accounting policies due to other reasons: None

    3. Changes in accounting estimates: None

    4. Restatement: None

  4. Number of issued shares (common shares)

    1. Total number of issued shares at the end of the period (including treasury shares)

      As of June 30, 2025

      29,272,503 shares

      As of March 31, 2025

      29,272,503 shares

    2. Number of treasury shares at the end of the period

      As of June 30, 2025

      1,571,907 shares

      As of March 31, 2025

      1,586,292 shares

    3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

Three months ended June 30, 2025

27,693,349 shares

Three months ended June 30, 2024

27,904,863 shares

  • Review of the Japanese originals of the attached quarterly consolidated financial statements by certified public accountants or an audit firm：None

  • Explanation of appropriate use of business performance forecasts and other special items

The earnings forecasts in this document are based on the current information and certain assumptions that are considered reasonable, and actual results may greatly depending on various factors.

Quarterly Consolidated Financial Statements

(1) Quarterly Consolidated Balance Sheet

(Millions of yen)

As of March 31,2025 As of June 30,2025‌

Assets

Current assets

Cash and deposits

31,515

32,199

Notes and accounts receivable - trade

18,467

16,956

Electronically recorded monetary claims - 9,502 8,417

operating

Securities

6,697

6,797

Inventories

15,637

15,808

Other

2,461

2,419

Allowance for doubtful accounts

(20)

(19)

Total current assets

84,262

82,579

Non-current assets

Property, plant and equipment

Buildings and structures, net

15,392

15,534

Machinery, equipment and vehicles, net

4,733

4,552

Tools, furniture and fixtures, net

1,173

1,168

Land

5,604

5,485

Construction in progress

2,079

1,491

Other, net

1,313

1,330

Total property, plant and equipment

30,297

29,563

Intangible assets

Goodwill

53

44

Other

648

660

Total intangible assets

702

704

Investments and other assets

Investment securities

60,444

61,694

Long-term loans receivable

178

222

Retirement benefit asset

2,690

2,750

Deferred tax assets

545

535

Other

818

738

Allowance for doubtful accounts

(8)

(8)

Total investments and other assets

64,669

65,931

Total non-current assets

95,668

96,199

Total assets

179,931

178,779

(Millions of yen)

As of March 31,2025 As of June 30,2025

Liabilities

Current liabilities

Notes and accounts payable - trade

8,758

7,501

Electronically recorded obligations - operating

2,364

3,425

Income taxes payable

1,264

636

Provision for bonuses

1,097

1,827

Other provisions

-

163

Other

4,512

5,055

Total current liabilities

17,997

18,609

Non-current liabilities

Long-term borrowings

19

19

Deferred tax liabilities

3,982

4,058

Retirement benefit liability

1,822

1,766

Other

1,932

1,851

Total non-current liabilities

7,756

7,696

Total liabilities

25,754

26,305

Net assets

Shareholders' equity

Share capital

8,060

8,060

Capital surplus

6,586

6,590

Retained earnings

124,072

124,759

Treasury shares

(3,929)

(3,896)

Shareholders' equity

134,790

135,514

Valuation and translation adjustments

Valuation difference on available-for-sale securities

5,806

6,377

Foreign currency translation adjustment

11,681

8,689

Remeasurements of defined benefit plans

1,113

1,088

Valuation and translation adjustments

18,601

16,155

Non-controlling interests

784

802

Total net assets

154,176

152,473

Total liabilities and net assets

179,931

178,779

Company analysis