Nippon Ceramic Co., Ltd.
Nippon Ceramic Co., Ltd. (6929) Financial Summary for the Third Quarter of the Fiscal Year Ending December 2026
For the cumulative third quarter period, net sales were 20,583 million yen (Year-over-Year (YoY) -1.0%), operating income was 4,616 million yen (YoY -3.8%), and quarterly net income attributable to owners of parent was 3,558 million yen (YoY -36.3%), indicating a decline in profits. The main causes were a sharp reduction in inventory, weak sales in the Chinese market, and increases in raw material and energy costs. There is no change to the earnings guidance for the fiscal year ending December 2026. Cash and cash equivalents changed to 15,562 million yen. Net assets declined due to the impact of share buybacks.
Key Figures
- Net Sales: 20,583 million yen (YoY -1.0%)
- Operating Income: 4,616 million yen (YoY -3.8%)
- Quarterly Net Income Attributable to Owners of Parent: 3,558 million yen (YoY -36.3%)
AI要約
Overview of Performance
For the cumulative third quarter period, the Group recorded net sales of 20,583 million yen (YoY -1.0%), operating income of 4,616 million yen (YoY -3.8%), ordinary income of 4,976 million yen, and quarterly net income of 3,558 million yen. The primary reasons were a decline in sales due to inventory adjustments of security products, weak sales in the ADAS automotive market in China, and increases in energy and raw material costs. A special gain of 3,442 million yen from the liquidation of an affiliate was recorded, which was not recorded in the same period last year. Cash balance at the end of the period was 15,562 million yen, and net assets decreased due to share buybacks and dividend payments.
Outlook and Financial Position
There is no change to the consolidated earnings forecast for the fiscal year ending December 2026, as announced on February 6, 2026. Future performance may be affected by trends in raw material and energy costs and developments in the Chinese market, and any material deviations in performance will be disclosed promptly. Capital measures, including share buybacks, are being handled as part of the ongoing financial strategy.
Nippon Ceramic Co., Ltd.
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