[Nitchirin] Q1 2026 Financial Results | Sales of ¥2.08 billion (+13.6% YoY)

Performance Overview

Nitchirin recorded consolidated sales of ¥2.08 billion (up 13.6% YoY), operating profit of ¥283 million (up 10.2%), and net income attributable to owners of the parent of ¥170 million (up 7.8%) for the period from January to March 2026. Domestic and international automotive parts sales remained strong, with all segments—Japan, North America, China, Asia, and Europe—showing increased revenue and profit. In Japan, both sales volume and profits expanded. Despite uncertainties in the global economy, the company is focused on maintaining supply chain stability and managing costs, aiming for steady growth.

Outlook and Shareholder Impact

Nitchirin has not revised its full-year earnings forecast for 2026 and continues to operate steadily. Although there are risks from currency fluctuations and raw material prices, recovery trends in the domestic and international automobile industries support expectations for revenue and profit growth. Shareholder returns include a dividend of ¥190 per share, the same as in 2025, with potential plans for share buybacks and increased dividends. The company remains committed to stable dividends and enhancing corporate value, responding to investor expectations.