Nippon Seiki Co., Ltd. (TSE: 7287) — a Niigata-based maker of automotive instrument clusters, head-up displays (HUDs) and meters for cars and motorcycles — reported full-year results on May 15, 2026 for the fiscal year ended March 2026, under IFRS. Revenue rose 3.6% to ¥327,894 million, operating profit gained 21.3% to ¥11,624 million, pre-tax profit jumped 48.5% to ¥13,875 million, and profit attributable to owners of the parent climbed 34.3% to ¥8,220 million, lifting EPS to ¥143.23 from ¥104.88.
Margins recover; comprehensive income rebounds
Profit grew far faster than revenue, lifting the operating margin to 3.5% as the company benefited from product mix and cost discipline, while pre-tax profit was boosted by non-operating and financial items. Total comprehensive income rebounded sharply to ¥19,594 million from just ¥1,351 million a year earlier, helped by currency and valuation movements. Operating cash flow rose to ¥40,481 million.
Stronger balance sheet and higher dividend
Total assets stood at ¥347,265 million with equity attributable to owners of ¥231,592 million, an equity ratio of 66.7% and book value per share of ¥4,029.37. Reflecting the result, Nippon Seiki raised its annual dividend to ¥80.00 per share (¥40 interim + ¥40 year-end) from ¥50.00 — a 55.9% payout — and plans a further increase to ¥90.00 for FY2027.
For the year ending March 2027 the company guided revenue of ¥320,000 million (−2.4%) but higher profit — operating profit of ¥14,000 million (+20.4%) and profit attributable of ¥10,000 million (+21.6%), equivalent to EPS of ¥191.38.
| Metric | FY3/2026 | FY3/2025 | YoY |
|---|---|---|---|
| Revenue (¥ million) | 327,894 | 316,397 | +3.6% |
| Operating profit (¥ million) | 11,624 | 9,584 | +21.3% |
| Pre-tax profit (¥ million) | 13,875 | 9,344 | +48.5% |
| Profit attributable (¥ million) | 8,220 | 6,122 | +34.3% |
| EPS (¥) | 143.23 | 104.88 | +36.6% |
| Equity ratio | 66.7% | 65.3% | — |
| Annual dividend (¥) | 80.00 | 50.00 | +60.0% |
| FY2027 guidance — revenue (¥ million) | 320,000 | — | −2.4% |
| FY2027 guidance — profit attributable (¥ million) | 10,000 | — | +21.6% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.