Soken Chemical & Engineering Co., Ltd.
Notice of Revision of Dividend Forecast (Dividend Increase)
SOKEN CHEMICAL & ENGINEERING CO., LTD. announced a 12 yen upward revision of its full-year dividend forecast for the fiscal year ending March 2026 from 63 yen per share to 75 yen per share.
Key Figures
- Annual Dividend (Second Quarter-end): 75.00 yen (previous forecast 63.00 yen)
- Annual Dividend (Fiscal Year-end): 75.00 yen (previous forecast 63.00 yen)
- Stock Split: Conducted effective April 1, 2025, at a ratio of 2 shares for each 1 share
AI要約
Overview of the Dividend Forecast Revision
SOKEN CHEMICAL & ENGINEERING CO., LTD. revised upward its dividend forecast for the fiscal year ending March 2026 from 63 yen announced on May 15, 2025, to 75 yen, an increase of 12 yen. Both the second quarter-end and fiscal year-end dividends are set at 75 yen, totaling 150 yen. Note that a 2-for-1 stock split was conducted on April 1, 2025; therefore, the previous period’s dividend was 125 yen before the split.
Reason for Dividend Revision and Future Outlook
The dividend increase reflects a policy to strengthen profit returns based on business performance trends. The medium-term management plan “Advance 2025” targets a dividend payout ratio of 30% and a return on equity of 3%. This revision results from comprehensive consideration of the progress of full-year earnings forecasts, the business environment, capital expenditure, and other funding needs. The dividend revision will be submitted for approval at the ordinary shareholders’ meeting scheduled for June 2026.
