Nitto Denko Corporation

6988.T
Specialty Chemicals
2026/10/27 11:29 Updated
Market Cap: $15.2B (¥2.4T)
Stock Price: $22.92 (¥3,610)
Exchange Rate: 1 USD = ¥157.48

Notice Regarding Dividend of Surplus (Interim Dividend) and Revision of Year-end Dividend Forecast (Increase) and Share Buyback

Interim dividend raised to 36.0 yen; year-end dividend forecast revised from 64.0 yen to 72.0 yen for the full year. Share buyback set with an upper limit of 17,000,000 shares and a maximum acquisition amount of 50,000 million yen; acquisition period from 2026/11/4 to 2027/3/24. As of 2026/10/20, 15,472,050 shares have already been cancelled. Aimed at improving ROE and capital efficiency.

Importance:
Page Updated: October 27, 2026
IR Disclosure Date: October 27, 2026

Key Figures

  • Interim Dividend: 36.0 yen
  • Year-end Dividend Forecast: 36.0 yen
  • Annual Dividend Forecast: 72.0 yen
  • Upper Limit of Shares to be Acquired: 17,000,000 shares
  • Upper Limit of Total Acquisition Amount: 50,000 million yen

AI要約

Overview of Dividends and Share Buyback

Nitto Denko Corporation, based on the financial strategy and capital policy of the mid-term management plan Nitto RISE 2028, will enhance shareholder returns and improve ROE by revising the year-end dividend forecast for the fiscal year ending March 2027 upward and executing a share buyback. The interim dividend is 36.0 yen, the year-end dividend forecast is 36.0 yen, and the annual dividend is 72.0 yen. The share buyback has an upper limit of 17,000,000 shares, a maximum acquisition amount of 50,000 million yen, and an acquisition period from 2026-11-04 to 2027-03-24. Additionally, 15,472,050 shares of treasury stock were cancelled as of 2026-10-20.

Impact on Shareholders and Financial Strategy

The dividend increase and share buyback are part of a policy aimed at improving capital efficiency through appropriate optimization of cash on hand and shareholder equity efficiency. The dividend increase strengthens shareholder returns, and the share buyback also contributes to anti-dilution measures. Specific amounts are stated as upper limits and will be decided comprehensively taking into account the financial condition and share price levels.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nitto Denko Corporation

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