Rengo boosts interim dividend, maintains full-year forecast

Rengo Co., Ltd. has resolved to pay an interim dividend of 20.00 yen per share for the 158th Term, an increase from the previously forecasted 15.00 yen. This revision aligns with the company's medium-term vision "Vision 120" and results in a revised annual dividend forecast of 40.00 yen per share, up from 30.00 yen. The total interim dividends for the current fiscal year will amount to 4,991 million yen, payable on December 3, 2025.

Concurrently, Rengo reported its consolidated financial results for the six months ended September 30, 2025. Net sales reached 497,220 million yen, a 0.4% increase year-on-year, with operating profit at 19,974 million yen (up 0.9%) and ordinary profit at 20,037 million yen (down 8.4%). Profit attributable to owners of parent was 11,033 million yen, a 41.6% decrease. Total assets increased to 1,267,095 million yen.

The company also announced it will receive approximately 14.8 billion yen in compensation from Kanagawa Prefecture for the partial expropriation of its Shonan Plant site. While the financial impact of this expropriation, including relocation expenses, is under examination, Rengo's consolidated financial forecasts for the fiscal year ending March 31, 2026, remain unrevised, projecting full fiscal year net sales of 1,005,000 million yen and basic earnings per share of 96.76 yen.