川上塗料 has sharply revised its earnings forecast for the fiscal year ending November 2026 and indicated that its annual dividend is also expected to increase substantially. The company returned to profitability for the cumulative third quarter, with profitability expected to continue improving.
川上塗料, whose core business is industrial coatings, has revised its earnings forecast for the fiscal year ending November 2026 upward. The new operating profit forecast is ¥571 million, approximately 10.5 times the previous fiscal year’s level.
The company cited appropriate pricing and an improved product mix as factors behind the revision, which raised the forecast approximately 2.8 times from the previous estimate of ¥207 million. Operating profit for the cumulative third quarter was ¥541 million, representing a turnaround from a loss in the same period of the previous year.
The annual dividend forecast was also sharply increased from ¥45 to ¥150. The dividend revision reflects progress in the company’s earnings improvement.
The article was reported by Fisco and republished by Yahoo! Finance, with the specific figures based on data released by Fisco.