Nippon Soda expects consolidated net income for the fiscal year ending March 2027 to be ¥17.3 billion. The outlook is above the previous forecast, and the annual dividend will be increased to ¥170. The company will repurchase up to 700,000 shares from 13 November through 28 February of the following year.
Nippon Soda released its consolidated earnings outlook for the fiscal year ending March 2027, targeting revenue of ¥160 billion and net income of ¥17.3 billion. Both figures have been revised upward from the previous forecast, partly reflecting a revision to the assumed exchange rate in the direction of a weaker yen. Sales of pharmaceutical excipients are expected to remain strong, and the annual dividend will be increased by ¥10 to ¥170.
In a separate announcement on the same day, the company stated that it plans to conduct a share repurchase of up to ¥2 billion, with purchases capped at 700,000 shares, equivalent to 1.3% of total shares outstanding. The purchase period is from 13 November through 28 February 2027.
In its latest results, consolidated revenue for the April-September 2026 period increased 4% year on year to ¥69.9 billion, while net income rose 1% to ¥6.8 billion. Sales of pharmaceutical excipients remained solid, as did sales of printed circuit board materials, supported by expanding demand for AI servers.