Organo Corporation raises full-year dividend forecast to 190 yen per share

Organo Corporation has raised its annual dividend forecast for the fiscal year ending March 31, 2026, to 190 yen per share, an increase from the initial plan, reflecting an improved full-year earnings outlook and maintaining a 32.4% payout ratio. This decision aligns with the company's goal of balancing shareholder returns with growth investments, targeting a dividend payout ratio of 30% or more and continued dividend increases.

For the first half of fiscal year 2026, Organo reported significant growth, with orders received reaching 100,281 million yen and net sales at 82,793 million yen. Operating profit surged to 17,378 million yen, marking a substantial 51.4% year-on-year increase. Profit attributable to owners of parent also climbed to 11,528 million yen, up 41.7% from the previous year. The Electronics Industry and Service Solutions segments were key drivers of this performance, particularly with strong overseas projects in Taiwan, Europe, and the United States.

Looking ahead, the full-year forecast for fiscal year 2026 anticipates orders received to reach 185,000 million yen, with net sales projected at 175,000 million yen. Operating profit is expected to hit 36,000 million yen, while profit attributable to owners of parent is forecasted at 27,000 million yen. These projections indicate continued growth, largely supported by large-scale overseas semiconductor projects and an improved profit margin in Plant projects.