Chuo Spring announces interim dividend, asset sale, and special gains

Chuo Spring Co. announced an interim dividend of 30.00 yen per share, totaling 756m yen, for the period ending September 30, 2025, payable on November 26, 2025. This aligns with its previous forecast and long-term stable dividend policy, with the full-year forecast remaining 60.00 yen per share.

The company also reported special gains of 83m yen from insurance proceeds related to an accident at its Fujioka plant. This is reflected in the Q2 FY2026 consolidated financial results. Furthermore, Chuo Spring resolved to sell a portion of its investment securities, an estimated 12.7bn yen, with a projected gain of 12.2bn yen. The sale proceeds will fund safety and growth investments, including 8.0bn yen for capital expenditures in FY2025 and new construction at the Fujioka plant.

For the second quarter of fiscal year 2026, Chuo Spring reported a 1.5% increase in net sales to 54.06bn yen, while operating profit decreased 15.1% to 1.49bn yen. Ordinary profit rose 9.4% to 1.96bn yen, and net profit attributable to owners of parent increased 7.3% to 1.34bn yen. The full-year consolidated performance forecast remains unchanged.