【Kyocera】Promoting Management Reform and Capital Policy to Enhance Corporate Value | May 2026

Performance Overview

Kyocera's operating profit for the fiscal year ending March 2026 significantly improved to 118.1 billion yen (up 232.8% YoY), and the stock price also increased by 74.6%. Through management reform projects, the company is reviewing its business portfolio and improving profitability, aiming to balance growth investments and shareholder returns. The medium-term plan announced in February 2026 targets an ROE of over 10% and a market capitalization exceeding 5 trillion yen, with a plan for a maximum of 500 billion yen share buyback in 2027-2028.

Capital Policy and Future Outlook

Kyocera will conduct a share buyback of 200 billion yen in fiscal year ending March 2026, with a plan to acquire up to 250 billion yen in 2027. The company will also continue to increase dividends, with 52 yen planned for fiscal year ending March 2026 and 56 yen for fiscal year ending March 2027. To enhance corporate value, the company emphasizes balancing business investments and shareholder returns, aiming for sustainable growth and maximization of shareholder value.