大阪有機 released its third-quarter results. Cumulative operating profit rose sharply year on year, prompting upward revisions to its full-year forecast and annual dividend.
大阪有機 announced cumulative operating profit of ¥7.58 billion for the nine months through the third quarter, representing a 63.6% year-on-year increase. The company also said that among its semiconductor materials, products for ArF resist applications continued to perform well. Progress has also been made in passing on higher prices.
The full-year earnings forecast was revised upward from the previous ¥7.5 billion to ¥9.3 billion. This represents an expected increase of approximately 50.3% from the previous fiscal year.
The company also indicated that it plans to raise its annual dividend from the previous plan of ¥86 to ¥93. The higher dividend forecast is said to reflect strong earnings performance.