Nippon Shikizai revises earnings, dividend forecasts for fiscal year 2026

Nippon Shikizai Industrial Co., Ltd. has revised its consolidated earnings forecast for the second quarter ending August 2025, with net sales now projected at JPY 8,031m (previously JPY 8,429m). Ordinary profit is increasing to JPY 90m (previously JPY 77m) and net income attributable to owners of parent is expected to rise to JPY 49m (previously JPY 29m), reflecting a 63.7% increase. For the full fiscal year ending February 2026, the consolidated net sales forecast has been adjusted to JPY 16,462m (previously JPY 16,877m), with ordinary profit revised downwards to JPY 133m (previously JPY 276m) and net income to JPY 321m (previously JPY 411m).

The company's individual earnings forecast for the second quarter shows net sales of JPY 5,743m (previously JPY 5,823m), with ordinary profit increasing to JPY 209m (previously JPY 165m) and net income to JPY 158m (previously JPY 123m). For the full year, individual net sales are now projected at JPY 11,500m (previously JPY 11,282m), with ordinary profit at JPY 275m (previously JPY 242m) and net income at JPY 429m (previously JPY 410m).

Amidst these revisions, Nippon Shikizai has also updated its dividend forecast for the fiscal year ending February 2026. The year-end dividend per share is now projected to be JPY 30, an increase from the previously forecast JPY 20. This adjustment considers sustained profitability and an improving capital adequacy ratio, despite delays in the recovery of French consolidated subsidiaries.