Kyb raises full-year forecast and interim dividend on strong demand

Kyb Corporation has revised its consolidated financial forecast for the fiscal year ending March 2026, citing strong demand, a weaker yen, and updated market outlooks. The company now expects net sales of JPY460,000 million, up from JPY440,000 million, and segment profit of JPY23,000 million, a significant increase from the previous JPY15,000 million. Profit attributable to owners of the parent is projected to be JPY25,000 million, a substantial rise from JPY17,500 million.

In line with the improved performance, Kyb Corporation also announced an increased interim dividend for common shares from JPY60.00 to JPY75.00, with a total dividend of JPY3,347 million. The annual forecast for common shares is now JPY150.00, up from JPY120.00. The company maintains its commitment to a consolidated dividend payout ratio of 30% or more. The forecast relies on an exchange rate of USD143.00 to JPY1 and EUR165.00 to JPY1 for the third quarter onwards.