Nikko Co., Ltd.
Financial Results Briefing and Mid-Term Management Plan Progress Presentation Script for the Fiscal Year Ending March 2026 — Q&A Script
FY2026 Q4 earnings explanation and progress on the medium-term management plan. Revenue is on plan but not yet reached in terms of achievement; operating profit achieves the plan. In the long-term plan, target revenue of JPY 60.0 billion and operating margin of 8% by FY2027, with FY2026 set at revenue of JPY 55.0 billion and operating margin of 6.9%. Focus on profitability improvement in core businesses such as asphalt plant and global expansion. Shareholder return policy to maintain dividend payout ratio of 60% or higher, with consideration of share buybacks.
Key Figures
- Sales: Approximately JPY 55.0 billion (FY2026 plan)
- Operating margin: 6.9% (FY2026 plan)
- Backlog: JPY 33.4 billion (as of end-FY2025, +46% YoY)
AI要約
Business Overview
Nikko Holdings ended FY2025 with the largest backlog on record, and plans revenue of JPY 55.0 billion and an operating margin of 6.9% in FY2026. While the revenue mix is led by the three main businesses, the profitability of asphalt plant-related operations is comparatively low, making profitability improvements an urgent issue. In FY2027, the final year of the mid-term plan, the company aims for revenue of JPY 60.0 billion and an operating margin of 8%.
ROIC and Capital Policy / Dividends
Focusing on improving ROIC to reorganize the business portfolio and strengthen capital allocation efficiency and transparency at the board of directors. The company maintains a policy of a dividend payout ratio of 60% or higher and plans to increase total dividends versus FY2025. Share buybacks are also being considered as a means to enhance capital efficiency.
Nikko Co., Ltd.
Company overview · Stock price · Financial data · All IR
