Nippon SeikiNIPPON SEIKI CO.,LTD.7287東証スタンダード輸送用機器FY ending Mar 2026, consolidated, IFRS

Nippon Seiki FY ending Mar 2026 results

About 82% of Nippon Seiki's sales come from In-vehicle parts business, with Automotive sales business and Consumer parts business making up much of the rest.

Out of every ¥100 of sales, about ¥4 is left as operating profit.

Revenue changed +3.6% from the prior year, operating profit +21.3%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +3.6% · profit +21.3%, calculated from disclosed figures.

Operating leverage: 5.86× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+3.6%¥316.4B → ¥327.9B
Gross profit
+5.4%¥46.3B → ¥48.9B
Operating income
+21.3%¥9.58B → ¥11.6B
Net income attributable to owners
+34.3%¥6.12B → ¥8.22B
Operating cash flow
+165.1%¥15.3B → ¥40.5B
Free cash flow
Back to profit-¥1.85B → ¥25.6B

Results at a glance

  • Revenue for the FY ending Mar 2026 grew 3.6%, from ¥316.4B to ¥327.9B.
  • Operating income grew much faster, up 21.3% from ¥9.58B to ¥11.6B, and net income attributable to owners rose 34.3% to ¥8.22B.
  • Operating cash flow climbed from ¥15.3B to ¥40.5B, and free cash flow swung from a negative figure last year to ¥25.6B.

What drove the change

  • Strong sales of motorcycle gauges, mainly in ASEAN, India and Brazil, more than made up for weaker car gauge sales caused by poor sales of Japanese and European cars in China.
  • The company negotiated price increases to cover higher material costs and kept cutting production costs, which lifted profit.
  • A foreign exchange loss in the prior year turned into a gain this year, adding to net income.

Things to watch

  • A large share of sales goes to the Honda group, so Honda's production and sales plans directly affect results.
  • The shift toward software-defined vehicles and the rise of Chinese and other new suppliers are changing how the industry competes; falling behind would hurt.
  • Overseas sales make up a growing share of revenue, so currency swings have a bigger effect on results.

Annual Securities Report, 81st fiscal year (Apr 2025 – Mar 2026) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, 81st fiscal year (Apr 2025 – Mar 2026) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Nippon Seiki sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥85
SG&A
¥11
Operating profit
¥4
Net profit kept
¥3

Annual margin trends

Gross margin14.9%
FY ending Mar 2021: 15.1%15.1%FY ending Mar 2022: 16.1%16.1%FY ending Mar 2023: 14.0%14.0%FY ending Mar 2024: 14.6%14.6%FY ending Mar 2025: 14.6%14.6%FY ending Mar 2026: 14.9%14.9%FY21FY22FY23FY24FY25FY26
Operating margin3.5%
FY ending Mar 2021: 1.8%1.8%FY ending Mar 2022: -1.9%-1.9%FY ending Mar 2023: 1.0%1.0%FY ending Mar 2024: 2.7%2.7%FY ending Mar 2025: 3.0%3.0%FY ending Mar 2026: 3.5%3.5%FY21FY22FY23FY24FY25FY26
Net margin2.5%
FY ending Mar 2021: 0.2%0.2%FY ending Mar 2022: -2.3%-2.3%FY ending Mar 2023: 0.5%0.5%FY ending Mar 2024: 1.7%1.7%FY ending Mar 2025: 1.9%1.9%FY ending Mar 2026: 2.5%2.5%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第81期(2025/04/01-2026/03/31)

    ID S100YHIT2026-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第80期(2024/04/01-2025/03/31)

    ID S100W6PR2025-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第79期(2023/04/01-2024/03/31)

    ID S100TW0W2024-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第78期(2022/04/01-2023/03/31)

    ID S100R97P2023-06-29Open
  • EDINET (FSA Japan)

    有価証券報告書-第77期(令和3年4月1日-令和4年3月31日)

    ID S100OHPF2022-06-28Open
  • EDINET (FSA Japan)

    有価証券報告書-第76期(令和2年4月1日-令和3年3月31日)

    ID S100LPO62021-06-25Open

Extracted from XBRL: 44 / Derived from other figures: 1

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