Nitto Kogyo Corporation
Notice Regarding Revision of Full-Year Consolidated Earnings Forecast and Dividend Forecast for the Fiscal Year Ending March 2026
The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised upward with net sales increased by 1.0%, operating income by 6.6%, ordinary income by 9.6%, and net income attributable to owners of parent by 6.4%. The dividend forecast has also been revised to increase the year-end dividend to 70 yen, resulting in an annual dividend of 132 yen.
Key Figures
- Net Sales: 194,000 million yen (1.0% increase from previous forecast)
- Operating Income: 14,500 million yen (6.6% increase from previous forecast)
- Annual Dividend: 132 yen (Increased from previous forecast of 124 yen)
AI要約
Details of Revision to Earnings Forecast
Regarding the full-year consolidated earnings forecast for the fiscal year ending March 2026, net sales have been revised upward to 194,000 million yen (1.0% increase from the previous forecast announced on May 15, 2025), operating income to 14,500 million yen (6.6% increase), ordinary income to 14,900 million yen (9.6% increase), and net income attributable to owners of parent to 10,000 million yen (6.4% increase). This revision is due to solid performance during the cumulative third quarter period and a clearer outlook on the impact of procurement difficulties and cost increases. By segment, sales increased by 1,000 million yen each in the Electrical & Information Infrastructure segment and Manufacturing, Construction & Service segment, resulting in a total increase of 2,000 million yen.
Revision and Policy of Dividend Forecast
The dividend forecast has been revised upward, with the year-end dividend increased to 70 yen, bringing the total annual dividend to 132 yen. Nitto Kogyo Corporation positions shareholder returns as one of its most important management policies. During the medium-term management plan period, the company aims for a consolidated payout ratio of 50% and sets a minimum DOE (Dividend on Equity) of 4.0% to maintain stable dividends. This dividend revision is a comprehensive judgment based on the upward revision of earnings forecasts.
