Dainichiseika announces stock split, revised dividend policy, and profit forecast boost

Dainichiseika Color & Chemicals Mfg. Co. Ltd. announced a four-for-one stock split for its common shares, effective April 1, 2026. This aims to expand its investor base and enhance share liquidity, increasing the total number of authorized shares from 50,000,000 to 200,000,000. Concurrently, the company revised its shareholder return policy for the three-year Medium-Term Management Plan, adjusting special dividends and setting annual dividends at a minimum of 25 yen per share (post-split).

The revised shareholder return policy includes special dividends of 30 yen per share annually until the fiscal year ending March 2026, and 7.50 yen per share for the fiscal year ending March 2027, maintaining a total payout ratio of 50% or more on a three-year average. Separately, Dainichiseika expects to record a "Gain on Sale of Investment Securities" of approximately 1,500 million yen as extraordinary income by the end of November 2025.

This anticipated gain led to a revision of the consolidated earnings forecast for the fiscal year ending March 2026, with profit attributable to owners of parent increasing by 800 million yen to 6,900 million yen, and profit per share rising to 404.22 yen. Despite this, the company's net sales forecast remains unchanged at 127,300 million yen.