Net sales for the third quarter of the fiscal year ending March 2026 were 498,722 million yen (3.6% decrease year-over-year), operating income was 12,711 million yen (50.4% decrease YoY), and net income attributable to owners of parent for the quarter was 18,572 million yen (21.9% decrease 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/5714-20260210-01.pdf","jir_short_summary":"Net sales for the third quarter of the fiscal year ending March 2026 were 498,722 million yen (3.6% decrease year-over-year), operating income was 12,711 million yen (50.4% decrease YoY), and net income attributable to owners of parent for the quarter was 18,572 million yen (21.9% decrease YoY).","jir_summary":"### Overview of Performance\nConsolidated results for the third quarter of the fiscal year ending March 2026 showed net sales of 498,722 million yen (3.6% decrease YoY), operating income of 12,711 million yen (50.4% decrease YoY), ordinary income of 21,944 million yen (36.4% decrease YoY), and net income attributable to owners of parent of 18,572 million yen (21.9% decrease YoY). The Environment & Recycling segment performed well with a 21.0% increase in sales, while the Smelting segment posted an operating loss, and the Electronic Materials segment experienced significant declines in both sales and earnings. The stronger yen against the dollar and rising precious metals prices impacted results, along with an expansion of derivative valuation losses.\n\n### Capital Policy and Outlook\nThe annual dividend forecast for the fiscal year ending March 2026 was revised upward to 318 yen (ordinary dividend of 218 yen and special dividend of 100 yen). Additionally, a portion of shares in Fujita Kanko Inc., an equity-method affiliate, will be transferred to NSSK-GAMMA2 LLC, resulting in a planned special gain of approximately 23,000 million yen. A resolution was also passed for share buybacks, planning to acquire up to 1,230,000 shares at a total cost of 10,000 million yen. Full-year performance forecasts indicate ordinary income exceeding previous projections, supported by the expected recognition of special gains.","jir_financial_highlights":"Net Sales: 498,722 million yen (3.6% decrease YoY)\nOperating Income: 12,711 million yen (50.4% decrease YoY)\nOrdinary Income: 21,944 million yen (36.4% decrease YoY)\nNet Income Attributable to Owners of Parent: 18,572 million yen (21.9% decrease YoY)\nAnnual Dividend (Forecast): 318.00 yen (Increased from 150.00 yen last year (including special dividend of 100 yen))\nNumber of Shares Outstanding (End of Period): 61,989,206 shares (Unchanged from previous period)\nNumber of Treasury Shares (End of Period): 2,426,166 shares (Decreased compared to previous period)\nTotal Assets: 774,079 million yen (Increased by 100,542 million yen from the previous fiscal year-end)\nNet Assets: 422,876 million yen (Increased by 6,840 million yen from the previous fiscal year-end)\nEquity Ratio: 52.3% (Decreased from 59.2% at the previous fiscal year-end)","jir_category":"","jir_hashtags":"#DOWAHoldings, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: 498,722 million yen (3.6% decrease YoY)\nOperating Income: 12,711 million yen (50.4% decrease YoY)\nNet Income Attributable to Owners of Parent: 18,572 million yen (21.9% decrease YoY)","jir_meta_title":"DOWA Holdings Q3 Financial Summary for Fiscal Year Ending March 2026: Net Sales 498,722 Million Yen, Operating Income 12,711 Million Yen","jir_meta_description":"DOWA Holdings Co., Ltd. Q3 financial summary for fiscal year ending March 2026. Net sales of 498,722 million yen (3.6% decrease YoY), operating income of 12,711 million yen (50.4% decrease YoY), dividend forecast revised up to 318 yen.","jir_og_title":"DOWA Holdings Announces Q3 Financial Results for Fiscal Year Ending March 2026","jir_og_description":"Net sales of 498,722 million yen, operating income of 12,711 million yen, dividend forecast increased to 318 yen. 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