NHK Spring Shares Up 17% on Guidance

NHK Spring shares jumped 17% after issuing FY2026 operating profit guidance of ¥59 billion, beating the ¥58.1 billion consensus.
FY2025 operating profit fell to ¥45.8 billion, missing the earlier ¥47 billion target due to higher costs.
For FY2026, the HDD suspensions unit is projected to grow sales 14% YoY and operating profit 15% as volumes rise.
The company aims to maintain market share and expand capacity in HDD suspensions, while also expecting higher earnings from automotive operations.