FP Corporation raises interim dividend, boosts full-year outlook after strong half-year

FP Corporation reported consolidated net sales of JPY 119,460 million for the six months ended September 30, 2025, exceeding its previous forecast of JPY 121,000 million. Operating profit surged to JPY 9,296 million from a forecast of JPY 7,630 million, while profit attributable to owners of parent reached JPY 6,425 million, significantly higher than the JPY 5,010 million initially projected. This performance was driven by raw material prices below projections, improved productivity, and increased sales of eco-friendly products.

Consequently, the company revised its full-year consolidated forecasts for the fiscal year ending March 31, 2026. Net sales are now projected at JPY 242,570 million, with operating profit at JPY 21,610 million, and profit attributable to owners of parent at JPY 14,700 million, an increase from previous forecasts of JPY 245,300 million, JPY 19,790 million, and JPY 13,170 million, respectively.

Reflecting the increased profitability, FP Corporation raised its interim dividend for the six months ended September 30, 2025, from the previously forecast JPY 21.50 per share to JPY 31.50 per share, aiming for a 40% consolidated dividend payout ratio. The total annual dividend is expected to be JPY 71.50 per share, including a year-end dividend of JPY 40.00 per share.