Nikkiso raised its full-year net profit forecast and dividend, driven by forex gains and one-time operating profit.
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Nikkiso on the 14th revised upward its consolidated net profit forecast for the fiscal year ending December 2026 to 15.8 billion yen, up 15.7 percent year on year, from the previous forecast of 13 billion yen. The revision reflects an increase in foreign exchange gains due to the yen's depreciation, as well as a one-time operating profit of about 2 billion yen related to business restructuring in prior years. The company also raised its annual dividend forecast to 60 yen per share from the previous forecast of 50 yen. Assumed exchange rates were revised to 157 yen per US dollar from 145 yen, and to 184 yen per euro from 170 yen. Consolidated net profit for the second quarter rose 67.5 percent year on year to 8.2 billion yen.
Nikkiso raised its full-year net profit forecast and dividend, driven by forex gains and one-time operating profit.