Nichiden Reports FY2026 Revenue Up, Operating Profit Down

NICHIDEN Corporation [9902.T]

TOKYO, May 08 (Pulse News Wire) – NICHIDEN Corporation (9902.T) reported fiscal year 2026 revenue of ¥1.41 trillion, up from ¥1.37 trillion in the previous year. However, operating profit declined to ¥6.622 billion from ¥6.824 billion.

Despite this, ordinary profit increased to ¥7.5 million from ¥7.4 million, while net income attributable to parent shareholders fell to ¥50 million from ¥50 million. In its operations, NICHIDEN saw strong performance across various segments. Sales in the power transmission machinery division grew to ¥57.3 billion, driven by robust demand for precision reducers, drive belts, clutches, and brakes. Industrial machinery sales reached ¥35 million, benefiting from stable system-related equipment sales. Control machinery sales surged to ¥50 million, fueled by servo motors, sensors, and robotics components. Other areas contributed ¥3.7 million in revenue.

Regarding financial status, total assets stood at ¥1.276 trillion, marking a ¥63 billion increase from the prior year. Current assets expanded by ¥31 million, primarily due to higher cash and deposits, accounts receivable, and electronic records claims. Fixed assets also increased by ¥31 million, mainly attributed to investments in buildings, construction projects, and securities. For the next fiscal year, NICHIDEN forecasts revenues of ¥1.42 trillion, operating profits of ¥6.737 billion, ordinary profits of ¥7.5 million, and net income attributable to parent shareholders of ¥50 million. Additionally, the company resolved to repurchase up to 2.5 million shares, representing approximately 8.3% of outstanding shares, during the period from June 01, 2026, to December 23, 2026. Shares acquired will be canceled on March 31, 2027.

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