DIC Corporation's Q3 2025 net income more than doubles on strategic asset sales

DIC Corporation reported consolidated net sales of JPY 785.9 bn for the nine months ended September 30, 2025, a 2.7% decrease year-on-year. Operating income surged by 18.9% to JPY 40.5 bn, and net income attributable to owners of the parent more than doubled, increasing by 104.4% to JPY 21.7 bn. This significant increase was bolstered by extraordinary income from the sale of shares and investments related to the withdrawal from the liquid crystal materials business and a reduction in extraordinary losses from the prior year.

The company's strategic asset reduction initiatives generated approximately JPY 34.0 bn in cash as of September 30, 2025, with an additional JPY 10.0 bn anticipated from art sales by the end of 2026. This performance has led to an increase in the annual dividend forecast to JPY 200.00 per share for fiscal year 2025, with a minimum of JPY 120.00 per share set for 2026.

Operating income for the Color & Display segment alone rose by JPY 6.0 bn year-on-year to JPY 6.9 bn, primarily due to price revisions and structural reforms in the pigments business. The company maintains its full-year 2025 forecasts, including net sales of JPY 1,060.0 bn and operating income of JPY 50.0 bn.