On a consolidated basis for the second quarter of the fiscal year ending March 2027, net sales were 17,445 million yen (6.3% YoY), operating income was 2,022 million yen (+10.5%), ordinary income was 2,483 million yen (+11.3%), and interim net income was 1,626 million yen (+37.5%), achieving substantial net profit growth. The Unit House segment was the main driver with net sales of 14,481 million yen and profit of 1,751 million yen, Module & System Construction recorded net sales of 2,550 million yen and profit of 232 million yen, while construction machinery rentals declined. Financial position: total assets 77,964 million yen, equity ratio 88.1%. Annual dividend forecast was revised upward to 80 yen. Full-year forecast remains: net sales 38,000 million yen, operating income 4,500 million yen, ordinary income 5,100 million yen, net income attributable to owners of parent 3,300 million yen, and EPS 212.91 yen 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9663","jir_company_name":"NAGAWA Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9663-20261026-01.pdf","jir_short_summary":"On a consolidated basis for the second quarter of the fiscal year ending March 2027, net sales were 17,445 million yen (6.3% YoY), operating income was 2,022 million yen (+10.5%), ordinary income was 2,483 million yen (+11.3%), and interim net income was 1,626 million yen (+37.5%), achieving substantial net profit growth. The Unit House segment was the main driver with net sales of 14,481 million yen and profit of 1,751 million yen, Module & System Construction recorded net sales of 2,550 million yen and profit of 232 million yen, while construction machinery rentals declined. Financial position: total assets 77,964 million yen, equity ratio 88.1%. Annual dividend forecast was revised upward to 80 yen. Full-year forecast remains: net sales 38,000 million yen, operating income 4,500 million yen, ordinary income 5,100 million yen, net income attributable to owners of parent 3,300 million yen, and EPS 212.91 yen (-25.6%).","jir_summary":"### Overview of Results\nNAGAWA Co., Ltd. recorded net sales of 17,445 million yen in the second quarter of the fiscal year ending March 2027, a 6.3% increase year-over-year. Operating income was 2,022 million yen, ordinary income was 2,483 million yen, and interim net income was 1,626 million yen, representing a substantial increase in net profit. By segment, the Unit House business led performance, supported by expanded rental demand and the opening of additional exhibition sites. Conversely, construction machinery rentals decreased. The financial position remains strong with total assets of 77,964 million yen and an equity ratio of 88.1%. The company has announced an upward revision of the dividend to 80 yen.\n\n### Outlook and Impact for Shareholders\nThe full-year forecast is set at net sales of 38,000 million yen, operating income of 4,500 million yen, ordinary income of 5,100 million yen, and net income attributable to owners of parent of 3,300 million yen (EPS 212.91 yen, -25.6%). While there remains a risk of future revisions if interim results diverge from the full-year forecast, the high equity ratio and solid segment-level profits continue to indicate financial stability. The upward revision of the dividend to 80 yen signals strengthened shareholder returns and may be attractive to investors.","jir_financial_highlights":"Net Sales: 17,445 million yen (6.3% YoY increase)\nOperating Income: 2,022 million yen (10.5% YoY increase)\nOrdinary Income: 2,483 million yen (11.3% YoY increase)\nInterim Net Income: 1,626 million yen (37.5% YoY increase)\nInterim Net Income per Share: 104.93 yen (Year-over-Year)\nTotal Assets: 77,964 million yen (-1,360 million yen from previous fiscal year-end)\nEquity Ratio: 88.1% (Approximately +1.0 pt from previous fiscal year-end)\nAnnual Dividend: 80.00 yen (Revised dividend forecast for FY ending March 2027)\nFull-year Forecast Net Sales: 38,000 million yen (Unchanged from previous forecast)\nFull-year Forecast Net Income: 3,300 million yen (-25.6%)","jir_category":"","jir_hashtags":"#NAGAWA, #FinancialResults, #Interim, #SegmentPerformance, #DividendRevision","jir_key_figures":"Net Sales: 17,445 million yen (6.3% YoY increase)\nOperating Income: 2,022 million yen (10.5% YoY increase)\nInterim Net Income: 1,626 million yen (37.5% YoY increase)","jir_meta_title":"NAGAWA Co., Ltd. \u2014 Q2 Financial Summary for FY Mar 2027 | Net Sales Reach JPY 17.4 billion, Interim Net Income Expands","jir_meta_description":"Key points from NAGAWA Co., Ltd.'s Q2 financial summary for FY ending March 2027: net sales of 17.4 billion yen, operating income of 2.0 billion yen, interim net income of 1.6 billion yen. Unit House segment performed strongly and dividend forecast raised to 80 yen. Full-year outlook remains conservative.","jir_og_title":"NAGAWA Co., Ltd. Achieves Solid Growth in Q2 | Dividend Revised to 80 yen","jir_og_description":"NAGAWA's Q2 results show increased sales and expanded net income. Dividend forecast raised to 80 yen. 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