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Noritz ( (JP:5943) ) has provided an announcement.
Noritz reported first-quarter 2026 consolidated net sales of ¥51.6 billion, down 2.3% year on year, with operating and ordinary profit falling 16.4% and 29.9%, respectively, even as profit attributable to owners of the parent surged 211.6% to ¥4.46 billion, lifting basic earnings per share to ¥97.60. The company slightly reduced total assets while improving its equity ratio to 61.2%, maintained its full-year 2026 guidance calling for modest sales growth and a sharp earnings rebound, and signaled a higher annual dividend forecast of ¥94 per share, underscoring confidence in cash generation and shareholder returns despite near-term margin pressure.
More about Noritz
Noritz Corporation is a Japan-based manufacturer listed on the Tokyo Stock Exchange, best known for producing water heaters and related housing equipment. The company operates globally in the residential and commercial hot-water solutions market, where it competes on energy efficiency, reliability, and value-added home comfort systems.
Average Trading Volume: 98,836
Technical Sentiment Signal: Buy
Current Market Cap: Yen106.5B
Find detailed analytics on 5943 stock on TipRanks’ Stock Analysis page.