Fiscal Year Ending March 2027 Q1 Financial Summary (Japanese GAAP)

Overview and Results

NTN reported revenue of 212,279 million yen for the first quarter of the fiscal year ending March 2027, up 6.7% year over year, and operating income of 8,319 million yen, up 19.2% year over year. Ordinary income rose to 6,350 million yen (up 57.5% YoY), and net income attributable to owners of the parent reached 1,928 million yen (up 61.9% YoY), marking a strong profit expansion. By segment, demand was solid across Japan, the Americas, Europe, and Asia, supporting improvements in sales and profits. The company will continue restructuring under the mid-term plan “DRIVE NTN100” and strengthening SQCCD to enhance profitability.

Financial Position and Outlook

The financial position shows total assets of 866,990 million yen, net assets of 314,968 million yen, and an equity ratio of 34.6%, with a modest decline in assets versus the prior year. Cash and deposits decreased, but cash flow from operating activities remained positive. The full-year outlook remains: revenue 810,000 million yen, operating income 33,000 million yen, ordinary income 21,000 million yen, net income attributable to owners of the parent 15,000 million yen, and net income per share of 25.23 yen (yen basis).