Nippon Tungsten Holds Earnings Steady on Flat Sales, Confirms Guidance and Dividend

Nippon Tungsten Co., Ltd. ( (JP:6998) ) just unveiled an update.

For the nine months ended 31 December 2025, Nippon Tungsten reported essentially flat net sales of ¥9.26 billion, down 0.7% year on year, with operating profit falling 14% to ¥477 million and ordinary profit slipping 2.7% to ¥757 million, while profit attributable to owners of parent was unchanged at ¥543 million and earnings per share held broadly steady. Despite weaker profitability, the balance sheet remained robust, with total assets rising to ¥18.33 billion and an equity ratio of 71.6%, and the company reaffirmed its full‑year forecast of modest growth in sales and profit as well as its plan to maintain an annual dividend of ¥50 per share, signaling a stable shareholder return policy and confidence in its underlying business resilience.

The most recent analyst rating on (JP:6998) stock is a Buy with a Yen2492.00 price target. To see the full list of analyst forecasts on Nippon Tungsten Co., Ltd. stock, see the JP:6998 Stock Forecast page.

More about Nippon Tungsten Co., Ltd.

Nippon Tungsten Co., Ltd., listed on the Tokyo and Fukuoka stock exchanges, operates in the materials and components industry, focusing on tungsten-based and related high-performance products used in industrial and electronic applications. The company targets niche, technology-focused markets where precision materials and components are critical to manufacturing and infrastructure sectors.

Average Trading Volume: 31,364

Technical Sentiment Signal: Buy

Current Market Cap: Yen10.44B

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