NSK Lifts Full-Year Profit and Sales Forecast on Weaker Yen and Solid Performance

The latest announcement is out from NSK Ltd. ( (JP:6471) ).

NSK Ltd. has raised its consolidated business forecast for the fiscal year ending March 31, 2026, citing a weaker yen and reflecting stronger-than-expected performance through the first nine months of the period. The company now projects sales of ¥900 billion, up 1.7% from its previous forecast, with operating income revised up 23.3% to ¥37 billion, income before income taxes up 24.1% to ¥36 billion, and net income attributable to owners of the parent up 25% to ¥20 billion, implying basic earnings per share of ¥40.89. The revision, which assumes exchange rates of ¥150 to the US dollar, ¥180 to the euro, and ¥21 to the Chinese yuan for the final quarter, indicates improved profitability versus both the prior forecast and the previous fiscal year, while the company leaves its dividend plan unchanged, signaling confidence in its financial outlook and stability for shareholders.

The most recent analyst rating on (JP:6471) stock is a Buy with a Yen1203.00 price target. To see the full list of analyst forecasts on NSK Ltd. stock, see the JP:6471 Stock Forecast page.

More about NSK Ltd.

NSK Ltd. is a Japan-based manufacturer primarily engaged in the production of bearings and related precision machinery components, supplying automotive, industrial, and other machinery sectors worldwide. The company previously classified its steering business as a discontinued operation, and now focuses its consolidated results on continuing operations such as bearings and motion control products.

Average Trading Volume: 2,710,737

Technical Sentiment Signal: Buy

Current Market Cap: Yen525B

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