Upward revision of the full-year consolidated earnings forecast for the fiscal year ending March 2026 to net sales of 710.0 billion yen (2.0% increase from previous forecast) and net income attributable to owners of parent of 54.0 billion yen (74.2% increase from previous forecast). Dividend forecast increased to 318 yen (previously 183 yen).<\/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":"5714","jir_company_name":"DOWA Holdings Co., 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\/5714-20260210-03.pdf","jir_short_summary":"Upward revision of the full-year consolidated earnings forecast for the fiscal year ending March 2026 to net sales of 710.0 billion yen (2.0% increase from previous forecast) and net income attributable to owners of parent of 54.0 billion yen (74.2% increase from previous forecast). Dividend forecast increased to 318 yen (previously 183 yen).","jir_summary":"### Details of Earnings Forecast Revision\nDOWA Holdings Co., Ltd. has revised the full-year consolidated earnings forecast for the fiscal year ending March 2026, projecting net sales of 710,000 million yen (2.0% increase from previous forecast), operating income of 27,000 million yen (5.3% decrease), ordinary income of 45,000 million yen (4.7% increase), and net income attributable to owners of parent of 54,000 million yen (74.2% increase). Net sales were revised upward due to increased sales of information and communication related products, a weaker yen against the dollar, and rising metal prices. On the other hand, operating income is expected to decrease due to derivative valuation losses in the smelting segment caused by the rise in precious metals prices at the end of the third quarter. Ordinary income is expected to increase due to higher equity-method investment income from overseas zinc mines, among others. Approximately 23 billion yen in special gains is planned to be recorded in the fourth quarter.\n\n### Revision of Dividend Forecast and Background\nThe dividend forecast has been raised to 318 yen annually (previously 183 yen), of which 100 yen is a special dividend stemming from partial sale of shares in Fujita Kanko Inc. The dividend policy is to pay whichever is higher: a payout ratio of 35% or 150 yen per share. This increase reflects the revised earnings forecast and demonstrates a commitment to strengthening shareholder returns.","jir_financial_highlights":"Net Sales: 710,000 million yen (vs. Previous Forecast +2.0%)\nOperating Income: 27,000 million yen (vs. Previous Forecast \u25b35.3%)\nOrdinary Income: 45,000 million yen (vs. Previous Forecast +4.7%)\nNet Income Attributable to Owners of Parent: 54,000 million yen (vs. Previous Forecast +74.2%)\nNet Income Per Share: 906.71 yen (vs. Previous Forecast Unknown (Large increase inferred from figures))\nAnnual Dividend: 318.00 yen (vs. Previous Forecast +135.00 yen)","jir_category":"","jir_hashtags":"#DOWAHoldings, #EarningsForecastRevision, #DividendIncrease, #JapaneseStocks","jir_key_figures":"Net Sales: 710,000 million yen (vs. Previous Forecast +2.0%)\nNet Income Attributable to Owners of Parent: 54,000 million yen (vs. Previous Forecast +74.2%)\nAnnual Dividend: 318.00 yen (ordinary dividend 218 yen, special dividend 100 yen)","jir_meta_title":"DOWA Holdings Revises FY March 2026 Earnings Forecast to Net Sales 710 Billion Yen and Net Income 54 Billion Yen","jir_meta_description":"DOWA Holdings has upwardly revised its full-year consolidated earnings forecast for the fiscal year ending March 2026 to net sales of 710,000 million yen and net income attributable to owners of parent of 54,000 million yen. The dividend forecast is also increased to 318 yen, reinforcing shareholder returns.","jir_og_title":"DOWA Holdings Revises Earnings Forecast and Dividend for FY March 2026","jir_og_description":"Net sales revised upward to 710,000 million yen, net income to 54,000 million yen. Dividend increased to 318 yen. Please refer to the IR materials for details.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_forecast_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Previous and Revised Full-Year Net Sales Forecasts for FY March 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Previous Forecast\\\",\\\"Revised Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales (Million Yen)\\\",\\\"data\\\":[696000,710000],\\\"backgroundColor\\\":\\\"#4e73df\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_forecast_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Previous and Revised Full-Year Operating Income Forecasts for FY March 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Previous Forecast\\\",\\\"Revised Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income (Million Yen)\\\",\\\"data\\\":[28500,27000],\\\"backgroundColor\\\":\\\"#1cc88a\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"ordinary_profit_forecast_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Previous and Revised Full-Year Ordinary Income Forecasts for FY March 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Previous Forecast\\\",\\\"Revised Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Ordinary Income (Million Yen)\\\",\\\"data\\\":[43000,45000],\\\"backgroundColor\\\":\\\"#36b9cc\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_forecast_comparison\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Comparison of Previous and Revised Full-Year Net Income Attributable to Owners of Parent Forecasts for FY March 2026\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Previous Forecast\\\",\\\"Revised Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income (Million Yen)\\\",\\\"data\\\":[31000,54000],\\\"backgroundColor\\\":\\\"#f6c23e\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_forecast_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Segment-wise Net Sales Forecasts for FY March 2026 (Previous vs. Revised)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Environment & Recycling\\\",\\\"Smelting\\\",\\\"Electronic Materials\\\",\\\"Metal Processing\\\",\\\"Heat Treatment\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Previous Forecast (Billion Yen)\\\",\\\"data\\\":[1980,3420,820,1430,340,-1030]},{\\\"label\\\":\\\"Revised Forecast (Billion Yen)\\\",\\\"data\\\":[2166,3519,876,1447,337,-1245]}]}}\"}]","ir_related_company":7970,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"earnings_guidance","footnotes":""},"sector":[],"importance":[],"class_list":["post-27093","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n