Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
NHK Spring Co., Ltd. ( (JP:5991) ) has issued an update.
NHK Spring reported a 1.9% increase in consolidated net sales to ¥816.9 billion for the fiscal year ended March 31, 2026, but operating profit fell 12.2% and ordinary profit declined 10.0%, with profit attributable to owners of the parent plunging 42.2%. Despite weaker earnings, total assets and net assets rose, shareholders’ equity ratio improved slightly, and the company maintained a robust financial position.
The company will pay a full-year dividend of ¥66 per share, down from the prior year’s ¥69, reflecting a more conservative payout amid profit pressure while still returning cash to shareholders. For the year ending March 31, 2027, NHK Spring forecasts higher sales and a sharp rebound in earnings, supported by ongoing operational improvements and the consolidation of its new Indian automotive components subsidiary, signaling a strategic push for growth in overseas markets.
More about NHK Spring Co., Ltd.
NHK Spring Co., Ltd. is a Japanese manufacturer listed on the Tokyo Stock Exchange that operates primarily in automotive and industrial components, including springs and related products. The company serves global automotive and industrial markets and continues to expand its footprint, recently adding an automotive components subsidiary in India to strengthen its international production base.
Average Trading Volume: 605,817
Technical Sentiment Signal: Buy
Current Market Cap: Yen586.5B
See more insights into 5991 stock on TipRanks’ Stock Analysis page.