Nippon Shokubai announced that it would increase its dividend for the fiscal year ending March 2027 from the previous fiscal year, with the annual dividend expected to reach ¥140. The dividend yield is expected to rise to 5.72%, compared with an actual dividend of ¥113 for the fiscal year ended March 2026.
Nippon Shokubai presented its dividend forecast for the fiscal year ending March 2027 as an increase. The company indicated that it plans to maintain its annual dividend at ¥140, comprising an interim dividend of ¥70 and a year-end dividend of ¥70, with the forecast dividend expected to increase from the previous fiscal year.
Following the decision to increase the dividend, the company’s forecast dividend yield is expected to reach 5.72%. The latest share price information shows a closing price of ¥2,446 on the day of the announcement, while its after-hours PTS trading price reached ¥2,490, above the closing price.
The annual dividend for the fiscal year ended March 2026 was ¥113. The table shows the trend since 2018, with the dividend for the fiscal year ending March 2027 expected to increase by ¥27 from the previous fiscal year.
The company decided to increase the dividend after comprehensively considering its earnings forecast for the fiscal year ending March 2027 and its dividend payout policy. Its shareholder return policy uses the higher of a dividend on equity (DOE) of 2.0% or a dividend payout ratio of 100% or more as a guideline.