Misumi Group raises full-year forecast, revises dividends

Misumi Group Inc. will distribute an interim dividend of JPY 18.02 per share with a record date of September 30, 2025, and an effective payout date of December 9, 2025. This interim dividend results in a 35.0% payout ratio. The company also revised its year-end dividend forecast to JPY 25.62, an increase of JPY 2.24 year-over-year, anticipating an annual dividend of JPY 43.64 per share.

The upward revision in the year-end dividend forecast is based on an updated consolidated earnings forecast for the fiscal year ending March 31, 2026. The revised forecast projects net sales of JPY 432,000 million, operating income of JPY 45,500 million, ordinary income of JPY 46,300 million, and net income attributable to owners of parent of JPY 33,900 million, leading to earnings per share of JPY 124.67.

The positive revisions are attributed to a steady performance of Fictiv Inc., which was consolidated in July 2025, and favorable foreign exchange trends. While some automotive-related sectors remained sluggish, proprietary initiatives and increased demand in certain Asian markets contributed to overall growth, with consolidated net sales for the first half of the fiscal year reaching JPY 205,814 million.