NIHON SEIKO CO.,LTD [5729.T]

TOKYO, May 12 (Pulse News Wire) – Nihon Seiko Co.,ltd (5729.T) reported record revenue and profits for the fiscal year ended March 2026. Consolidated revenue increased by 62.3% to ¥40.87 billion, driven by higher prices in the antimony and metal powder businesses.

Operating profit rose by 69.0% to ¥6.080 billion, while net profit climbed by 71.6% to ¥4.214 billion compared to the previous year. In the antimony business, despite challenges in production due to supply issues from China, revenue reached its highest level ever thanks to high prices throughout the year. In the metal powder business, silver price hikes contributed to record sales volumes. For the fiscal year ending March 2027, NIHON SEIKO forecasts a slight decrease in revenue to ¥34.40 billion amid expected lower antimony prices.

However, the company plans to boost sales through global expansion and targeting AI server demand in the electronics sector. Anticipated operating profit is set to decline by 71.9% to ¥1.710 billion, with net profit falling by 73.4% to ¥1.120 billion. The company also outlined its capital strategy, aiming for stable dividend payouts twice yearly with a target payout ratio of 52.5%. Additionally, NIHON SEIKO will consider share buybacks to enhance shareholder value.

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