Nikkiso Co., Ltd. Raises Dividend Forecast 50% to JPY 60/share

Nikkiso Co., Ltd. Raises Dividend Forecast 50% to JPY 60/share

Nikkiso Co., Ltd. (TSE:6376), a precision equipment manufacturer, has raised its full-year dividend forecast for the fiscal year ending December 2026, reflecting stronger-than-expected operational performance and a commitment to progressive shareholder returns.

The revision reflects Nikkiso’s medium-term management plan “NIKKISO 2028 — Toward a Healthier World,” which emphasizes progressive dividend policy and enhanced shareholder returns. The company simultaneously raised its full-year earnings guidance in August 2024, projecting revenue growth of 6.1%, operating profit (eigyo rieki) expansion of 19.4%, and net profit growth of 21.5%. The dividend increase aligns with the company’s pursuit of balanced financial health, capital efficiency, and shareholder value while targeting a dividend-on-equity (DOE) ratio of 2.5% by 2028.

The 50% increase in annual dividends from the prior year’s JPY 40.00/share signals management confidence in sustained earnings momentum. At the projected year-end 2026 DOE of approximately 2.3%, the company remains on track toward its long-term 3% dividend yield target, positioning Nikkiso as a dividend-growth story within Japan’s industrial equipment sector. The phased enhancement of shareholder returns demonstrates alignment between operational execution and capital allocation strategy.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.