Fiscal Year Ending March 2027 Second Quarter (Interim) Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

NGK Corporation reported consolidated results for the second quarter of the fiscal year ending March 2027: net sales of 371,306 million yen (YoY +13.8%), operating income of 69,889 million yen (YoY +43.5%), ordinary income of 70,395 million yen (YoY +50.8%), and interim net income attributable to owners of parent of 60,800 million yen (YoY +154.7%). By segment, Environment and Digital Society recorded substantial revenue and profit growth, while Energy & Industry declined. The foreign exchange assumptions for the second half are JPY 150 per USD and JPY 175 per EUR. The full-year outlook was revised upward to net sales of 770,000 million yen, operating income of 130,000 million yen, and net income attributable to owners of parent of 100,000 million yen.

Dividends, Capital Policy, and Outlook

A second-quarter-end dividend of 63 yen was approved, with a full-year plan of 126 yen. Status of treasury stock acquisitions was not disclosed; average number of shares outstanding during the period was 283,236,327 shares, and number of treasury shares at the period end was 4,415,126 shares. The full-year forecast was revised upward, expecting revenue and profit growth driven by expanding demand in Digital Society and favorable foreign exchange effects. Key points to watch are the sustainability of growth in Environment and Digital Society, recovery trends in Energy & Industry, and the impact of the new segment structure.