Nippon Felt Co., Ltd.
Notice Regarding Recording of Extraordinary Income from Sale of Investment Securities (Reduction of Strategic Shareholdings), Revision of Earnings Forecast and Revision of Dividend Forecast
Extraordinary income of 1,702 million yen from the sale of investment securities is expected to be recorded. For the full year ending March 2027, the consolidated earnings forecast has been revised: net sales remain at 9,400 million yen, and net income attributable to owners of parent is upwardly revised to 1,800 million yen. Dividend forecasts are adjusted to interim 14 yen → 14 yen and year-end 15 yen. The company indicates a policy to allocate funds for treasury stock acquisition as part of its capital policy.
Key Figures
- Gain on sale of investment securities: 1,702 million yen
- Net income attributable to owners of parent: 1,800 million yen
- Net income per share: 106.73 yen
- Annual dividend: 29 yen
AI要約
Overview of Earnings
The announcement today covers the recognition of a gain on sale of investment securities as extraordinary income due to a reduction of strategic shareholdings, and revisions to the consolidated full-year earnings forecast and dividend forecast for the fiscal year ending March 31, 2027. The gain is expected to be 1,702 million yen. While full-year net sales, operating income, and ordinary income remain unchanged from the previous forecast, net income attributable to owners of parent is upwardly revised to 1,800 million yen. Net income per share is significantly revised upward to 106.73 yen, and the annual dividend is expected to be raised to 29 yen.
Shareholder Returns and Future Policy
The proceeds from the sale will be allocated to treasury stock acquisitions and will also be used for future growth investments. The company intends to continue enhancing capital efficiency and shareholder returns while maintaining financial soundness. By recording this extraordinary income, the company plans to raise the annual dividend, including the year-end dividend, to 29 yen with the aim of maximizing shareholder value.
Nippon Felt Co., Ltd.
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