TOKYO, Mar 18 (Pulse News Wire) – Nikko CO.,LTD. (6306.T) reported its third quarter results for the fiscal year ending March 2026, showing sales of ¥2 trillion and operating profit of approximately ¥150 billion.
Despite some declines compared to the previous year, the company highlighted robust order intake growth, with orders reaching ¥1.5 trillion, up ¥9 billion year-over-year. Calculated based on recent trends, Nikkō expects strong momentum heading into the final quarter and beyond. The company's management emphasized ongoing efforts to improve capital efficiency and shareholder returns, aiming for a dividend payout ratio of more than 30% and targeting a share price of ¥1,500 per share by fiscal 2027.
Additionally, Nikkō plans significant investments totaling ¥100 billion towards achieving its long-term vision by 2030. In discussions, CEO Kawauchi noted challenges in the Thai operations due to competitive pressures but remains optimistic about future recovery through cost reduction initiatives and strategic product introductions. He also addressed concerns around rising crude oil prices, stating that while there could be impacts on costs, the current environment does not foresee major disruptions to contracts or deliveries.
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