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Nichias Posts Lower Nine-Month Earnings but Maintains Full-Year Outlook and Higher Dividend

Story Highlights
  • Nichias reported lower nine-month sales and profits but improved its equity ratio and balance sheet strength.
  • The company kept its full-year earnings forecast and plans a higher annual dividend despite continued profit pressure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nichias Posts Lower Nine-Month Earnings but Maintains Full-Year Outlook and Higher Dividend

Meet Samuel – Your Personal Investing Prophet

Nichias ( (JP:5393) ) has shared an announcement.

Nichias reported consolidated net sales of ¥185.0 billion for the first nine months of the fiscal year ending March 31, 2026, down 4.1% year on year, with operating income falling 18.3% to ¥25.3 billion and profit attributable to owners of the parent declining 8.0% to ¥21.2 billion. Despite weaker earnings, total assets edged up to ¥291.9 billion and the equity ratio improved to 77.1%, reflecting a strengthened balance sheet alongside an increase in treasury stock.

The company maintained its full-year forecast, projecting a 1.0% decline in net sales to ¥254.0 billion and a 19.6% drop in profit attributable to owners of the parent to ¥25.8 billion, signaling expectations of continued earnings pressure. Nichias also upheld its dividend outlook, planning a total annual payout of ¥164 per share, up from ¥108 in the previous fiscal year, underscoring management’s intent to return cash to shareholders even as profitability softens.

The most recent analyst rating on (JP:5393) stock is a Buy with a Yen9302.00 price target. To see the full list of analyst forecasts on Nichias stock, see the JP:5393 Stock Forecast page.

More about Nichias

Nichias Corporation is a Japan-based manufacturer listed on the Tokyo Stock Exchange, specializing in industrial materials such as insulation, sealing, and heat-resistant products for sectors including construction, automotive, and electronics. The company positions itself as a key supplier of high-performance materials that support infrastructure and manufacturing industries in Japan and globally.

YTD Price Performance: 17.78%

Average Trading Volume: 216,140

Technical Sentiment Signal: Buy

Current Market Cap: Yen529.4B

See more data about 5393 stock on TipRanks’ Stock Analysis page.

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