Dai Nippon Toryo Posts Profit Slump Despite Higher Sales, Targets Earnings Rebound in FY 2027

An update from Dai Nippon Toryo Company, Limited ( (JP:4611) ) is now available.

Dai Nippon Toryo reported a 29.3% rise in net sales to ¥93.8 billion for the year ended March 31, 2026, but operating profit fell 18.3% and profit attributable to owners of parent plunged 82.1%, squeezed by lower margins despite higher revenue. The equity ratio remained just under 50% and cash and cash equivalents declined slightly, while the company maintained financial stability with net assets edging up year on year.

The company raised its annual dividend to ¥58 per share for fiscal 2026, implying a payout close to full-year earnings, and plans to keep the same dividend level in fiscal 2027. For the year ending March 31, 2027, it forecasts modest net sales growth to ¥96 billion but a sharp recovery in profitability, with operating profit projected to jump 42.7% and earnings per share to more than double, signaling expectations of margin improvement and better capital efficiency.

More about Dai Nippon Toryo Company, Limited

Dai Nippon Toryo Co., Ltd. is a Japan-based manufacturer in the paints and coatings industry, listed on the Tokyo Stock Exchange under securities code 4611. The company provides a range of coating products, with operations centered on industrial and specialty applications for domestic and overseas markets.

Average Trading Volume: 172,514

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.7B

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