Slides
Page 1
1 1 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Financial Results Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. 2ndQuarter ended September 30, 2025
Page 2
2 2 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Consolidated Statements of Operations Focus of Q2/FY2025 resultsSales: DeclineSolid for the logistics industry, signs of recovery for the automotive industry, while other industries are stagnant.・Increase in labor costs, freight rates, and temporary loss compensation. ・Progress of passing on to sales prices due to rising material costs.Ordinary IncomeDeclineImpacted by lower operating income and foreign exchange gainsSolid sales for the semiconductor industry, sluggish sales for the automotive industry in China and other countries, and equity-method investment returns declined.Operating IncomeGrowth （millions of yen） （％） （millions of yen） （％） （millions of yen） （％）Net sales44,354100.044,112100.0(241) (0.5)Gross profit11,93726.912,41628.1479 4.0Operating income2,5635.82,5805.917 0.7Ordinary income7,24816.36,44314.6(805) (11.1)Quarterly net incomeattributable to owners ofparent5,83113.15,48212.4(348) (6.0)Capital Expenditure4,953 1,603Depreciation1,646 1,523R&D Expenditure973 1,108 Q2/FY2025 YoYConsolidatedQ2/FY2024
Page 3
3 3 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Quarterly Earnings 21,72522,04022,86321,98021,63422,71922,49523,42721,62522,487 01,0002,0003,0004,0005,000 05,00010,00015,00020,00025,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2FY2023 FY2024 FY2025 Net Sales(millions of yen) Income(millions of yen)Belt, RubberHose, TubeChemicalOther ProductsOthersOperating incomeOrdinary income
Page 4
4 4 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Consolidated PerformanceQ2/FY2024 Q2/FY2025(millions of yen) (millions of yen) (millions of yen) (%)Belt and Rubber14,502 14,51613 0.1Hose and Tube15,942 15,9442 0.02Chemical Industrial Products6,135 5,705(430) (7.0)Other Industrial Products5,508 5,473(34) (0.6)Others2,265 2,472207 9.2TOTAL44,354 44,112(241) (0.5)Q2/FY2024 Q2/FY2025(millions of yen) (millions of yen) (millions of yen) (%)Belt and Rubber1,443 1,651208 14.5Hose and Tube340 202(137) (40.5)Chemical Industrial Products447 50456 12.6Other Industrial Products63 32(31) (48.7)Others1,189 1,21223 2.0Corporate Expenses & Eliminations(920) (1,022)(101)ーTOTAL2,563 2,58017 0.7 YoY YoY NET SALES OPERATING INCOME
Page 5
5 5 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Sales(Q2 YTD)Segment income(Q2 YTD)Q2/FY2024 Q2/FY2025 Q2/FY2024 Q2/FY2025Sales(¥million)Segment Income(¥million) FY2025FY2024Belt・Logistics・Textile machinery・Paper convertingmachinery・Electronic partsRubber・Civil engineering・Bridges・Machine Tools Belt Products RubberTemperature-sensitive tapes・Electronic componentsRFID products・Linen industry ¥14,516M ¥1,651M¥14,502M ¥1,443MNote (＋):Favorable (－):UnfavorableYoY Changes in Quarterly EarningsBelt and Rubber Products +0.1％ ＋14.5％ Rubber Products(＋) Electronic components industry(－) Civil engineering and bridge industry (＋) For logistics industry, recovery in Japan, solid in North America(－) For financial machinery, declined after lastyear's demand surge
Page 6
6 6 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Sales(Q2 YTD)Segment income(Q2 YTD)Q2/FY2024 Q2/FY2025 Q2/FY2024 Q2/FY2025Sales(¥million)Segment Income(¥million) FY2025FY2024 YoY Changes in Quarterly EarningsHose and Tube Products for General Industry・Semiconductor manufacturing equipment ・Construction machineryfor Automotive・Automobiles・Truck/BusMechatronics ・AutomobilesProduction line ¥15,944M ¥202M¥15,942M ¥340MNote (＋):Favorable (－):Unfavorable+0.02％for General Industry(40.5)％ (＋) Recovery trend for construction machinery(－) Semiconductor manufacturing equipment growth remains sluggishfor Automotive(＋) Recovery Trend in Japan and North America(－) Temporary costs from product compensationrecorded in Q1Mechatronics Products(＋) For China's automobiles production line
Page 7
7 7 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Sales(Q2 YTD)Segment income(Q2 YTD)Q2/FY2024 Q2/FY2025 Q2/FY2024 Q2/FY2025Sales(¥million)Segment Income(¥million) FY2025FY2024 Waterproof・Civil engineering・ArchitectureElastomer・OA equipment Rubber・Railway industry ¥5,705M ¥504M¥6,135M ¥447M+12.6%YoY Changes in Quarterly EarningsChemical Industrial Products Rubber Products(＋) Railway industry in Japan(－) Railway industry in ChinaElastomer Products(－) Domestic demand slowdown for OA equipmentOther Products(－) Water shielding products, etc Note (＋):Favorable (－):Unfavorable(7.0)％
Page 8
8 8 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Sales(Q2 YTD)Segment income(Q2 YTD)Q2/FY2024 Q2/FY2025 Q2/FY2024 Q2/FY2025Sales(¥million)Segment Income(¥million) FY2025FY2024 Air Solution Products Air SolutionMeasuring instrument・Semiconductor・Electronic parts・PharmaceuticalAir SolutionFilter Products・Semiconductor・Pharmaceutical・HospitalOtherBlood circuits・Medical Equipment ¥5,473M ¥32M¥5,508M ¥63M(48.7)％Note (＋):Favorable (－):Unfavorable YoY Changes in Quarterly EarningsOther Industrial Products (0.6)％ (＋) Continued demand for Filter products acrossSemiconductor industries, Pharmaceuticalindustries, and Hospitals(＋) Recovery trend for Measuring instrumentOther Products(ー) Weak demand for other products
Page 9
9 9 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Sales(Q2 YTD)Segment income(Q2 YTD)Q2/FY2024 Q2/FY2025 Q2/FY2024 Q2/FY2025Sales(¥million)Segment Income(¥million) FY2025FY2024 Management Guidance Business(＋) Revenues increased due to strong performance of the subject businessesReal Estate Business(＋) Increase in tenant incomeReal Estate・Land and Building leasingOtherForestry businessOtherDriving SchoolBusiness ¥2,472M ¥1,212M¥2,265M ¥1,189MNote (＋):Favorable (－):Unfavorable YoY Changes in Quarterly EarningsOthers＋9.2％ ＋2.0％
Page 10
10 10 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Overseas sales ratio increased due to favorable demand in North AmericaOverseas Sales Ratio Q2/FY2024Overseas Ratio 32.3%Q2/FY2025Overseas Ratio 33.7%
Page 11
11 11 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION 14,502 14,516 03,0006,0009,00012,00015,00018,000 Q2/FY2024 Q2/FY202514,502 14,516Asia2,848 2,918Europe&U.S.5,431 6,018Japan6,222 5,579Sales （¥million）19.6%37.4%42.9% 20.1%41.5%38.4%Europe&U.S.+10.8%Japan(10.3)% Asia+2.4% The percentage figures above are year-on-year changes India: (＋) Belts for Financial machinery and Paperindustry China: (＋) Belts for Electronic components North America(＋) Belts for LogisticsEurope(ー) Belts for Textile industry(＋) Belts for Logistics were on a recovery trend(ー) Rubber products for the civil engineering and bridge industry(＋) Temperature-sensitive adhesive tape for Electronic components manufacturing Note (＋):Favorable (－):UnfavorableSales by RegionBelt and Rubber products
Page 12
12 12 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION 15,942 15,944 03,0006,0009,00012,00015,00018,000 Q2/FY2024 Q2/FY202515,942 15,944Asia5,164 4,814Europe&U.S.1,362 1,521Japan9,415 9,608Sales 32.4%8.5%59.1%Europe&U.S.+11.7%Japan+2.1% Asia(6.8)% The percentage figures above are year-on-year changes China: (＋) Mechatronics for automobile production line (－) Tubes for AutomobilesKorea: (－) Hoses for Construction machineryNorth America: (＋)Tubes for Automobiles were on a recovery trend(＋) Tubes for Automobiles were on a recovery trend(＋) Hoses for Construction machinery were on a recovery trend(－) Recovery of Tubes for Semiconductor manufacturingequipment remains sluggish 30.2%9.5%60.3% Note (＋):Favorable (－):Unfavorable（¥million）Sales by RegionHose and Tube Products
Page 13
13 13 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION GUA Group Timing belts & Pulley for General industry (ex. Semiconductor manufacturing equipment, Robot,Machine Tools） Timing belts & Auto Tensioner for Automotive industry(－) for Automotive industry in China(＋) For General Industry: Products for Semiconductor manufacturing equipment were on a recovery trendNDI Group Polishing Pad & Slurriesfor Semiconductor industry(＋) for Semiconductor industry ※GUA’s Equity by industry is calculated by the sales and divided by equity in earnings of affiliates※Equity by region represents the percentage of equity in earnings of affiliates classified by the country in which each company is located Equity in earnings of affiliates2,120 2,101 2,304 2,144 1,911 1,884 05001,0001,5002,0002,500 Q1 Q2 Q3 Q4 Q1 Q2 (¥million)GUA GroupNDI GroupOthers FY2025FY2024GUA Group1,129 1,151 1,229 1,215 867 1,052NDI Group1,006 969 1,091 939 1,058 899Others(15) (19) (16) (10) (14) (67)Cumulative TOTAL2,120 4,221 6,525 8,669 1,911 3,795
Page 14
14 14 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION FY2025 ForecastsThe forecast released on May 9 remains unchanged.1H 2H Full Year 1H 2H Full Year (millions of yen)（％）Net sales 44,354 45,92290,27644,112 47,88792,0001,723 1.9Operating income 2,563 2,5925,1552,580 2,7195,300144 2.8Ordinary income 7,248 7,35214,6016,443 7,55614,000(601) (4.1)Net income attributable toowners of parent5,831 6,29912,1315,482 6,01711,500(631) (5.2)Capital ExpenditureDepreciationR&D Expenditure Consolidated 2,0272,0006,8824,0003,3063,400 YoYFY2024 Results FY2025 Forecast
Page 15
15 15 Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATION Copyright © NITTA CORPORATION All Rights Reserved.NITTA CORPORATIONThe earnings forecasts in this document are based on the current information and certain assumptions that are considered reasonable, and actual results may greatly depend on various factors.