【Noritake】2026 Fiscal Year Earnings｜Sales of 142.9 billion yen, Net Income of 14.1 billion yen (YoY +9.6%)

Performance Overview

Noritake's consolidated financial results for the fiscal year ending March 2026 recorded sales of 142.9 billion yen (up 3.4% YoY), operating profit of 11.11 billion yen (up 8.8%), and net income of 14.1 billion yen (up 9.6%), indicating a strong performance. The electronics and ceramics segments remained steady due to growing demand for electronic semiconductors and electronic pastes. The company proactively pursued overseas expansion and new product development, driving growth strategies. Share buybacks and dividend increases were executed to strengthen shareholder returns. Looking ahead, a medium-term plan projecting sales of 150.0 billion yen and net income of 14.5 billion yen for the fiscal year ending March 2027 has been announced, with policies to accelerate growth and continue investments.

Outlook and Strategic Initiatives

Noritake is advancing with a focus on growth areas to realize the vision for 2030—VISION 2030. The medium-term management plan aims to establish a growth foundation and accelerate investments, targeting sales of 150.0 billion yen, operating profit of 11.5 billion yen, ordinary profit of 15.0 billion yen, and an ROE of over 9% by 2027. The company will promote new product development, business restructuring, and external collaborations, while strengthening sustainability and digital transformation (DX). Shareholder returns will also be expanded to enhance market valuation.