Nippon Aqua Reports Strong Mid-Term Results Amid Uncertain Supply Chain

TOKYO, Aug 07 (Pulse News Wire) – Nippon Aqua CO.,LTD. (1429.T) reported robust mid-term results for the fiscal year ending December 2026, driven by strong demand from major builders and growth in insulation testing services.

Revenue reached ¥16.991 billion, up 9.2% year-over-year, while operating profit was ¥3.431 billion, surpassing expectations. In the residential construction division, orders from broad-area developers remained at record levels, contributing significantly to revenue growth. Insulation testing services expanded substantially, driving higher pricing.

Meanwhile, the building sector saw steady progress on contracted projects, exceeding initial forecasts despite supply constraints impacting waterproofing operations. For the full fiscal year, Nippon Aqua expects sales to reach ¥37 billion, with continued focus on expanding manufacturing capabilities through partnerships and additional production sites planned across Japan and Korea. The company also highlighted its strategic advantage in raw material procurement amid volatile global conditions, enabling increased sales volumes and customer base expansion.