TOKYO, Jun 12 (Pulse News Wire) – Nitto Kohki CO.,LTD. (6151.T) reported fiscal year 2026 revenue growth driven by increased sales of fluid fittings and linear drive pumps.
However, higher costs associated with the operation of a new factory led to reduced profits. For the fiscal year ended March 2026, the company recorded revenues of ¥27.20 billion (a 0.1% increase from the previous year). Operating profit was ¥1.100 billion (down -49.5% compared to the prior year). Looking ahead, the company expects revenues of ¥29.10 billion for the fiscal year ending March 2027, representing a 7.0% increase from the current year.
Operating profit is forecasted to reach ¥1.700 billion, marking a 48.1% rise from the previous year. Regarding dividend expectations, Nittō Kohki plans to distribute ¥40 per share for the fiscal year ending March 2026 and anticipates paying out ¥32 per share for the next fiscal year. During the earnings call, management highlighted the potential expansion of its robot-compatible products, emphasizing efforts to strengthen sales activities to capture growing demand. They also addressed concerns over Middle East supply chain disruptions, stating that while some materials face procurement challenges, the impact on production remains manageable through diversification strategies.
In discussions about hydrogen-related markets, executives noted that although the adoption of hydrogen fuel cell vehicles is still in its early stages, there is significant long-term growth potential, particularly in commercial vehicle applications such as buses and trucks.
🟡 Confidence: Standard AI-translated content.