Nitto Kogyo raises annual net profit forecast to ¥12.8 billion on AI-related demand
Nitto Kogyo raised its consolidated net profit forecast for the year ending March 2027 by ¥1.2 billion to ¥12.8 billion, up 11% from the previous year. The company cited price revisions and growing sales of distribution boards and breakers linked to new data centers amid rising AI demand. For April–September 2026, sales rose 10% to ¥98.1 billion and net profit increased 32% to ¥4.5 billion.