Nippon Pigment Holdings Company Limited [4119.T]
TOKYO, May 14 (Pulse News Wire) – Nippon Pigment Holdings Company Limited (4119.T) reported lower sales but higher operating and ordinary profits for the fiscal year ending March 31, 2026, compared to its previous forecast released on February 13, 2026. The company also recorded special losses totaling ¥288 million and ¥22 million due to impairment charges related to fixed assets in its chemical products division and continued poor performance of assets in the liquid dispersant business.
For the fiscal year, the company's consolidated revenue decreased by ¥--¥2.275 billion to ¥42.22 billion. However, operating profit increased by ¥309 million to ¥1.509 billion, while ordinary profit rose by ¥447 million to ¥1.797 billion. Net income attributable to shareholders of the parent company saw an increase of ¥259 million to ¥1.159 billion.
The improved profitability was attributed to stronger-than-expected orders for contract processing and favorable performance from some overseas subsidiaries. Additionally, foreign exchange gains and higher equity investment income contributed positively to earnings. In contrast, the decline in sales was mainly due to changes in product mix.
Despite these challenges, the company remains optimistic about future growth prospects.
🟢 Confidence: High AI-translated content.