#Japan #Osaka #beauty care #Fine Chemicals #Nippon Seika

Nippon Seika's First Quarter Results for Fiscal Year 2027

Nippon Seika Co., Ltd., headquartered in Chuo-ku, Osaka, has announced its financial results for the first quarter of the fiscal year ending March 2027. The consolidated sales for this period reached 8.889 billion yen, reflecting a 9.5% increase compared to the same period last year. Profitability also showed an upward trend with operating profit at 1.437 billion yen, a 16.1% increase year-over-year, while ordinary profit stood at 1.605 billion yen, marking a 15.4% rise. Notably, net profit attributable to parent company shareholders amounted to 1.244 billion yen, an impressive increase of 24.4%.

Performance by Segment

Functional Products

In the functional products segment, sales surged to 6.956 billion yen, rising by 9.9% year-over-year. Operating profit for this segment reached 1.259 billion yen, up 14.5%. The beauty care division saw increased overseas sales of functional oils; however, there was a decline in the domestic sales of wool grease derivatives for cosmetics, leading to a mixed performance with increased revenue but decreased profits overall. In healthcare, despite a reduction in sales of pharmaceutical-grade phospholipids, improved product composition resulted in a decline in sales but an increase in profits for this sector. The fine chemicals division experienced both revenue and profit growth as sales anticipated for the second quarter were moved forward.

Environmental Health Products

The environmental health products segment faced challenges due to rising raw material costs. Nevertheless, effective measures such as price adjustments and expansions in the food business and healthcare sectors led this segment to achieve sales of 1.871 billion yen, an increase of 8.0% from the previous year. Operating profit increased significantly by 27.5% to 147 million yen.

Other Segments

Sales from other businesses amounted to 620 million yen, a 6.1% increase year-over-year, while operating profit reached 30 million yen, reflecting a substantial growth of 33.6%.

About Nippon Seika

Founded in February 1918, Nippon Seika specializes in precision chemicals and is publicly traded on the Tokyo Stock Exchange’s Prime Market. The company also engages in the manufacturing and sales of cosmetics, industrial chemicals, and real estate leasing. Nippon Seika is known for its innovative approaches in various sectors, driving its growth and expansion.

Headquartered at: 10F Nippon Seika Building, 2-4-9 Bingu-cho, Chuo-ku, Osaka, Japan
Representative: Hiroshi Yano
Capital: 59 billion 332 million yen
Website: Nippon Seika