Dainichiseika Color & Chemicals Mfg. Co., Ltd.
Notice Regarding Revision of Consolidated Earnings Guidance and Dividend Forecast (Dividend Increase)
Revised consolidated earnings guidance for the fiscal year ending March 2026 to net sales of 123,000 million yen (3.4% decrease from previous forecast), operating income of 7,600 million yen (5.6% increase), and net income attributable to owners of parent of 7,500 million yen (8.7% increase). Dividend forecast also revised upward to an annual dividend of 208 yen.
Key Figures
- Net Sales: 123,000 million yen (3.4% decrease from previous forecast)
- Operating Income: 7,600 million yen (5.6% increase from previous forecast)
- Annual Dividend: 208 yen (ordinary dividend 178 yen, special dividend 30 yen)
AI要約
Details of Revision of Consolidated Earnings Guidance
The consolidated earnings guidance for the fiscal year ending March 2026 has been revised. Net sales are expected to decline due to weak demand for polyurethane resins for transportation equipment in Japan and the U.S., and compounds and colorants in China, as well as the impact of yen appreciation. Although depreciation expenses from capital investments and labor costs will increase, operating income is projected to grow due to the expansion of high value-added products and price adjustments following raw material cost increases. Net income is also expected to increase due to the recording of capital gains from the sale of policy-held shares.
Revision of Dividend Forecast and Shareholder Return Policy
The dividend forecast for the fiscal year ending March 2026 has been revised upward. The ordinary year-end dividend has been raised by 34 yen from the previous forecast to 106 yen, and combined with a special dividend of 15 yen, the total annual dividend is expected to be 208 yen. Based on the medium-term management plan “Transformation for Tomorrow 2027,” the Company targets a payout ratio of over 40%, a total return ratio of over 50%, and a minimum annual dividend per share of 100 yen, while planning to actively conduct share buybacks. The dividend revision will be implemented following approval at the Annual General Meeting of Shareholders on June 26, 2026.
