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
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.)
-
Consolidated financial results for the three months ended June 30, 2025 (April 1, 2025 - June 30, 2025)
-
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
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
June 30, 2025
21,625
(0.0)
1,095
(5.7)
3,174
(11.9)
2,744
(9.0)
June 30, 2024
21,634
(0.4)
1,162
(9.2)
3,603
18.7
3,015
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
Yen
Yen
June 30, 2025
99.10
-
June 30, 2024
108.05
-
- 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
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
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
- Consolidated earnings forecast for the fiscal year ending March 31, 2026 (April 1, 2025 - March 31,
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
* NotesChanges 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: )
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements:
None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
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
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
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
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 -operating
9,502
8,417
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
Quarterly Consolidated Statement of Income and Comprehensive Income
Consolidated Statement of Income Three months ended June 30,2025
(Millions of yen) | ||
First quarter ended June 30,2024 | First quarter ended June 30,2025 | |
Net sales | 21,634 | 21,625 |
Cost of sales | 15,952 | 15,574 |
Gross profit | 5,681 | 6,051 |
Selling, general and administrative expenses | 4,519 | 4,955 |
Operating profit | 1,162 | 1,095 |
Non-operating income | ||
Interest income | 51 | 59 |
Dividend income | 153 | 195 |
Outsourcing service income | 40 | 41 |
Share of profit of entities accounted for using equity method | 2,120 | 1,911 |
Foreign exchange gains | 162 | - |
Other | 34 | 72 |
Total non-operating income | 2,563 | 2,280 |
Non-operating expenses | ||
Interest expenses | 13 | 21 |
Fiduciary obligation expenses | 37 | 38 |
Foreign exchange losses | - | 98 |
Litigation expenses | 37 | 32 |
Other | 33 | 10 |
Total non-operating expenses | 122 | 202 |
Ordinary profit | 3,603 | 3,174 |
Extraordinary income | ||
Gain on sale of non-current assets | 1 | 2 |
Total extraordinary income | 1 | 2 |
Extraordinary losses | ||
Loss on sale of non-current assets | 0 | - |
Loss on retirement of non-current assets | 4 | 0 |
Loss on valuation of investment securities | - | 64 |
Total extraordinary losses | 4 | 64 |
Profit before income taxes | 3,599 | 3,111 |
Income taxes - current | 402 | 496 |
Income taxes - deferred | 143 | (163) |
Income taxes | 546 | 333 |
Profit | 3,053 | 2,778 |
Profit attributable to non-controlling interests | 38 | 34 |
Profit attributable to owners of parent | 3,015 | 2,744 |
Quarterly Consolidated Statement of Comprehensive Income Three months ended June 30,2025
(Millions of yen) | ||
First quarter ended June 30,2024 | First quarter ended June 30,2025 | |
Profit | 3,053 | 2,778 |
Other comprehensive income | ||
Valuation difference on available-for-sale securities | 421 | 571 |
Foreign currency translation adjustment | 1,148 | (1,432) |
Remeasurements of defined benefit plans, net of tax | (9) | (21) |
Share of other comprehensive income of entities accounted for using equity method | 1,278 | (1,579) |
Total other comprehensive income | 2,839 | (2,462) |
Comprehensive income | 5,893 | 316 |
Comprehensive income attributable to | ||
owners of parent | 5,842 | 298 |
non-controlling interests | 50 | 18 |