NSK Ltd. ( (NPSKY) ) has released its Q2 earnings. Here is a breakdown of the information NSK Ltd. presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
NSK Ltd. is a leading Japanese company specializing in the manufacturing and sales of bearings, precision machinery, and automotive components, operating primarily in the industrial and automotive sectors. Known for its commitment to quality and innovation, NSK Ltd. has a significant global presence with a focus on sustainable growth and technological advancement.
In its latest earnings report for the six months ending September 30, 2025, NSK Ltd. showcased a strong financial performance with notable increases in sales and profitability. The company reported consolidated sales of ¥412,250 million, marking a 3.7% increase from the previous year, and a significant rise in net income attributable to owners of the parent by 373.3% to ¥9,319 million.
Key highlights from the report include a substantial increase in operating income by 69.7% to ¥16,467 million and income before income taxes soaring by 107.6% to ¥16,061 million. The company’s strategic acquisition of NSK Steering & Control Inc. played a pivotal role in this growth, contributing to the addition of a new steering business segment and resulting in one-off impacts like a gain on bargain purchase.
The industrial machinery segment saw a modest sales increase of 0.2%, while the automotive business experienced a 1.0% rise in sales, driven by increased global automotive production and strategic pricing adjustments. The newly added steering business segment reported sales of ¥15,184 million, reflecting the positive impact of the recent acquisition.
Looking ahead, NSK Ltd. remains optimistic about its growth prospects, with a forecasted sales increase of 11.1% for the fiscal year ending March 31, 2026. The company continues to focus on enhancing its business foundation and adapting to global economic conditions, aiming for sustainable growth and profitability in the coming years.