Zojirushi raises dividend, unveils new mid-term plan after strong year

Zojirushi Corporation reported consolidated net sales of 91,151 million yen for the fiscal year ended November 2025, a 4.5% increase year-on-year, with operating profit rising 24.9% to 7,436 million yen, driven by strong domestic sales, particularly in cooking appliances, and effective cost management. Despite a decrease in profit attributable to owners of parent to 5,980 million yen due to the absence of prior year's extraordinary income from asset sales, the company’s performance surpassed initial expectations.

In response to the strong results, Zojirushi revised its full-year dividend forecast for fiscal year 2025 to 82 yen per share (ordinary dividend: 40 yen, special dividend: 42 yen), a notable increase from the previously projected 64 yen, resulting in a consolidated payout ratio of 88.8%. This aligns with the company's commitment to shareholder returns, targeting a consolidated payout ratio of 50% or higher and a cumulative total return ratio of 100% over the three-year period ending November 2025.

Looking ahead, Zojirushi introduced its new medium-term management plan, "BEYOND," for fiscal years 2026-2028, setting ambitious targets including consolidated net sales of 100.0 billion yen and operating profit of 9.0 billion yen by 2028, with an ROE target of 8%. The company forecasts net sales of 92,500 million yen and operating profit of 6,600 million yen for fiscal year 2026. The plan focuses on high growth in core domains, new market development, and strengthening human resources and organizational resilience.