Nippon Ceramic Co., Ltd. (6929) Financial Summary for the Fiscal Year Ending December 2025

Overview of Performance

For the fiscal year ending December 2025, net sales reached 27,325 million yen (9.1% increase YoY), operating income was 6,228 million yen (25.5% increase YoY), ordinary income was 7,047 million yen (20.6% increase YoY), and net income attributable to owners of parent was 7,004 million yen (68.3% increase YoY). Robust demand for automotive products, expanded sales of security-related products, and completion of inventory adjustments for lighting and home appliance products contributed to the revenue increase. Efforts to streamline and automate production processes and reduce inventory have improved profitability and capital efficiency.

Outlook and Capital Policy

The earnings outlook for the fiscal year ending December 2026 projects net sales of 28,000 million yen, operating income of 6,500 million yen, ordinary income of 6,700 million yen, and net income attributable to owners of parent of 4,700 million yen. The assumed exchange rate is 150 yen per US dollar, with no expected foreign exchange gains or losses. Regarding share buybacks, up to 500,000 shares and a maximum of 1.5 billion yen will be repurchased on the market between February 9, 2026, and April 30, 2026, aimed at enhancing ROE and shareholder returns. Medium to long term, the company aims to achieve an ROE of over 12%, promoting investments in manufacturing line upgrades and growth fields while thoroughly managing operations with a focus on capital efficiency.