Net sales for the third quarter of FY March 2026 were 603.3 billion yen (122 billion yen decrease YoY), operating income was 19.3 billion yen (51 billion yen increase YoY), with an operating margin of 3.2%. Full-year earnings guidance remains unchanged.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","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":""},"tablet":{"background-color":"","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":"","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":""}},"ast-content-background-meta":{"desktop":{"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":""},"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":"6472","jir_company_name":"NTN Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/6472-20260203-02.pdf","jir_short_summary":"Net sales for the third quarter of FY March 2026 were 603.3 billion yen (122 billion yen decrease YoY), operating income was 19.3 billion yen (51 billion yen increase YoY), with an operating margin of 3.2%. Full-year earnings guidance remains unchanged.","jir_summary":"### Performance Overview\nNet sales for the third quarter (April to December) of FY March 2026 amounted to 603.3 billion yen, a decrease of 12.2 billion yen year-on-year. Operating income increased by 5.1 billion yen to 19.3 billion yen, and the operating margin rose 0.9 percentage points to 3.2%. Segment-wise, the Bearings and Others segment recorded net sales of 251.8 billion yen, operating income of 6.7 billion yen, and an operating margin of 2.7%, reflecting a year-on-year decline. Although automotive demand centered in Japan declined, increased demand for aftermarket and industrial machinery led to higher net sales. Meanwhile, the CVJ Axle segment posted net sales of 351.5 billion yen, operating income of 12.6 billion yen, and an operating margin of 3.6%, marking a year-on-year increase. Despite decreased demand in the Americas, Europe, and China and semiconductor supply shortages, profits rose due to cost reductions and passing US tariffs on to selling prices.\n\n### Capital and Financial Position and Outlook\nInventories stood at 260.7 billion yen, an increase of 16.3 billion yen year-on-year, and free cash flow rose by 7.0 billion yen to 12.6 billion yen. Capital expenditures totaled 21.1 billion yen, up 5.4 billion yen year-on-year, while depreciation and amortization decreased by 1.8 billion yen to 30.1 billion yen. Interest-bearing debt was 343.4 billion yen, a reduction of 13.5 billion yen year-on-year. The full-year earnings forecast for FY March 2026 remains unchanged from the November 2025 announcement at net sales of 805 billion yen, operating income of 26.0 billion yen, and an operating margin of 3.2%. Structural reform effects are progressing, and efforts to improve profitability will continue.","jir_financial_highlights":"Net Sales: 603.3 billion yen (122 billion yen decrease YoY)\nOperating Income: 19.3 billion yen (51 billion yen increase YoY)\nOperating Margin: 3.2% (0.9pt increase YoY)\nNet Income Attributable to Owners of Parent: 3.7 billion yen (12.0 billion yen increase YoY)\nInventories: 260.7 billion yen (16.3 billion yen increase YoY)\nFree Cash Flow: 12.6 billion yen (7.0 billion yen increase YoY)\nCapital Expenditures: 21.1 billion yen (5.4 billion yen increase YoY)\nDepreciation and Amortization: 30.1 billion yen (1.8 billion yen decrease YoY)\nInterest-bearing Debt: 343.4 billion yen (13.5 billion yen decrease YoY)","jir_category":"","jir_hashtags":"#NTNCorporation, #FinancialResultsPresentation, #JapaneseStocks","jir_key_figures":"Net Sales: 603.3 billion yen (122 billion yen decrease YoY)\nOperating Income: 19.3 billion yen (51 billion yen increase YoY)\nNet Income Attributable to Owners of Parent: 3.7 billion yen (12.0 billion yen increase YoY)","jir_meta_title":"NTN Corporation FY March 2026 Q3 Financial Results: Net Sales 603.3 Billion Yen, Operating Income 19.3 Billion Yen","jir_meta_description":"NTN Corporation's FY March 2026 Q3 results report net sales of 603.3 billion yen (122 billion yen decrease YoY), operating income of 19.3 billion yen (51 billion yen increase YoY), with full-year guidance unchanged. Segment performance and progress on structural reforms are also reported.","jir_og_title":"NTN Corporation FY 2026 Q3 Financial Results Announcement","jir_og_description":"NTN's FY March 2026 Q3 results show net sales of 603.3 billion yen and operating income of 19.3 billion yen. 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