Nippon Tungsten Co., Ltd.
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Released on August 5, 2026. Upward revision of cumulative for the second quarter of the fiscal year ending March 2027 (Q2 FY2027) and the unaudited results. Sales, operating income, ordinary income, net income attributable to owners of parent, and earnings per share for the interim period were raised, and the dividend forecast was also revised. Full-year forecasts are unchanged. Background factors include improved profitability due to lower raw material procurement costs and increased demand as a result of stabilizing supply and reduced raw material distribution constraints, despite stricter export controls in China.
Key Figures
- Sales (consolidated): 8,600百万円 (vs previous guidance +1,300百万円)
- Operating income: 1,500百万円 (vs previous guidance +1,120百万円)
- Ordinary income: 1,720百万円 (vs previous guidance +1,210百万円)
AI要約
Revision of earnings guidance
This release is an upward revision of consolidated and non-consolidated earnings guidance for the second quarter of the fiscal year ending March 2027 (April 1, 2026 to September 30, 2026). The reasons for higher-than-previous guidance include optimization of raw material procurement outside China, solid demand, and stabilization of supply and cost savings as restrictions on raw material distribution ease. Full-year guidance is unchanged.
Dividend forecast revision and policy
Dividend forecast has been raised for the per-share dividend while the year-end dividend remains unchanged. The policy is to maintain at least 60 yen per share annually, and to aim for stable dividends with a target of around 40% of net income attributable to owners of the parent. Share buybacks will be conducted as appropriate.
NITANGS
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