For the full-year ended August 2026, the consolidated earnings forecast has been revised to net sales of 63,000 million yen, operating income of 1,500 million yen, ordinary income of 1,500 million yen, net income attributable to owners of parent of 1,000 million yen, and diluted earnings per share of 75.33 yen. The dividend forecast has also been revised to a total of 23 yen per share, consisting of ordinary dividend 15 yen and special dividend 8 yen. The revision reflects the impact of the transfer of consolidated subsidiary Watts Peru S.A.C., tax and currency adjustments. Actual results are 870 million yen for the previous period, with profits items showing solid YoY growth.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2735","jir_company_name":" Watts","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-18","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2735-20260818-01.pdf","jir_short_summary":"For the full-year ended August 2026, the consolidated earnings forecast has been revised to net sales of 63,000 million yen, operating income of 1,500 million yen, ordinary income of 1,500 million yen, net income attributable to owners of parent of 1,000 million yen, and diluted earnings per share of 75.33 yen. The dividend forecast has also been revised to a total of 23 yen per share, consisting of ordinary dividend 15 yen and special dividend 8 yen. The revision reflects the impact of the transfer of consolidated subsidiary Watts Peru S.A.C., tax and currency adjustments. Actual results are 870 million yen for the previous period, with profits items showing solid YoY growth.","jir_summary":"### Summary of earnings\nThis news release reports that for the fiscal year ending August 2026, the full-year consolidated earnings forecast has been revised to net sales of 63,000 million yen, operating income and ordinary income of 1,500 million yen each, and net income attributable to owners of parent of 1,000 million yen. Earnings per share is revised upward to 75.33 yen. This revision is based on the profit impact of the transfer of consolidated subsidiary Watts Peru S.A.C., reduction in corporate taxes, and the reversal of currency translation adjustments. The group is viewed as solid, and if any further revisions occur, we will disclose promptly.\n\n### Shareholder returns and outlook\nThe dividend forecast has also been revised to an annual total of 23 yen (ordinary dividend 15 yen, special dividend 8 yen). The previous forecast was 20 yen (ordinary 15 yen, special 5 yen), so the policy to increase the dividend including the special dividend uplift remains. The company will continue to pursue a sustainable dividend while prioritizing long-term earnings growth and the accumulation of internal reserves to strengthen the financial foundation.","jir_financial_highlights":"Net sales: 63,000\u767e\u4e07\u5186 (Same as previous forecast)\nOperating income: 1,500\u767e\u4e07\u5186 (Same as previous forecast)\nOrdinary income: 1,500\u767e\u4e07\u5186 (Same as previous forecast)\nNet income attributable to owners of parent: 1,000\u767e\u4e07\u5186 (YoY +100)\nEarnings per share: 75.33\u5186 (YoY +8.32)\nAnnual dividend: 23\u5186 (YoY +3)","jir_category":"","jir_hashtags":"# Watts, #EarningsGuidanceRevision","jir_key_figures":"Net sales: 63,000 \u767e\u4e07\u5186\nOperating income: 1,500 \u767e\u4e07\u5186\nNet income attributable to owners of parent: 1,000 \u767e\u4e07\u5186","jir_meta_title":"\u3010 Watts \u3011Revision of Earnings Forecast and Dividend Forecast | Fiscal Year Ending August 2026","jir_meta_description":" Watts revises full-year consolidated earnings forecast and dividend forecast for the fiscal year ending August 2026. Net sales 63,000 million yen, net income 1,000 million yen, EPS 75.33 yen, dividend raised to 23 yen. Reasons include transfer of a consolidated subsidiary and tax\/currency adjustments.","jir_og_title":" Watts Earnings Forecast Revision and Dividend Forecast Review","jir_og_description":" Watts revises its earnings forecast and dividend forecast for the fiscal year ending August 2026. Net sales 63,000 million yen, net income 1,000 million yen, dividend 23 yen. Please refer to IR materials for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59217,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-104992","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n