Source disclosure: February 13, 2026
NIPPON SHINDO CO.,LTD. [5753.T]
TOKYO, Feb 13 (Pulse News Wire) – Nippon Shindo CO.,LTD. (5753.T) reported significant non-operating expenses totaling ¥14 billion for the nine months ended December 31, 2025, primarily due to derivative losses and valuation adjustments.
The company incurred ¥6 billion in derivative losses and ¥8 billion in derivative valuation losses during this period. These costs arose from hedging strategies aimed at mitigating price volatility risks associated with its primary raw materials—copper and zinc—in light of sharp increases in copper prices since October 2025.
Looking ahead, NIPPON SHINDO noted that future non-operating expenses could vary based on ongoing raw material market conditions. The company’s revised performance forecast for the fiscal year ending March 2026 was detailed in a separate release.
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