Notice of Dividend Revision and Recording of Special Losses | May 2026

Overview of Business Performance

For the fiscal year ending March 2026, Nichicon's consolidated earnings forecast shows a 4.2% decrease in sales YoY to 134,719 million yen, a 42.4% decrease in operating profit to 1,921 million yen, and a 46.4% decrease in net income to 5,502 million yen. These declines were influenced by sustained raw material and energy costs, increased R&D expenses, and other factors. The dividend forecast has been revised upward to 37 yen per share, from the previous estimate of 36 yen. Additionally, a valuation loss of 2,027 million yen on investments in affiliates has been recorded as a special loss.

Impact on Shareholders and Future Outlook

While the increase in dividends aims to strengthen shareholder returns, the company's net income has declined significantly due to higher costs and valuation losses. Going forward, Nichicon plans to focus on cost management and operational efficiency, aiming to maintain and improve shareholder value. Although the recording of special losses has short-term effects, the company will continue its efforts toward long-term profit recovery.