Dai Nippon Printing raises earnings and dividend forecasts

Dai Nippon Printing (TSE: 7912) has revised its consolidated earnings forecast for the fiscal year ending March 31, 2025. The company now expects operating profit to reach ¥88 billion, up from the previous forecast of ¥80 billion, and net income attributable to shareholders to increase from ¥90 billion to ¥106 billion. Sales remain unchanged at ¥1.455 trillion. The company attributed the improved outlook to solid performance in key business areas, cost structure improvements, and favorable exchange rates. Correspondingly, the company increased its year-end dividend forecast by ¥6 to ¥22 per share (¥44 pre-split), reflecting a commitment to shareholder returns. This increase will bring the annual dividend to ¥76 pre-split. The decision acknowledges Dai Nippon Printing's expectation to achieve its medium-term operating profit target a year ahead of schedule.