Nichias Lifts Year-End Dividend Forecast, Targets Higher Shareholder Returns

Nichias ( (JP:5393) ) has issued an announcement.

Nichias Corporation has revised its year-end dividend forecast for the fiscal year ending March 31, 2026, raising the planned year-end dividend from 76 yen to 88 yen per share. This will bring the total annual dividend to 164 yen per share, up 56 yen from the previous fiscal year’s 108 yen, reflecting stronger earnings expectations and a solid financial position.

Management reiterated that long-term and appropriate profit returns to shareholders remain a key priority, guided by a policy to maintain a dividend on equity of at least 5% and pursue progressive dividends alongside share buybacks to achieve a total return ratio of 50% or more. The revised year-end dividend is subject to approval at the company’s 210th Ordinary General Meeting of Shareholders scheduled for June 2026.

The most recent analyst rating on (JP:5393) stock is a Buy with a Yen9354.00 price target. To see the full list of analyst forecasts on Nichias stock, see the JP:5393 Stock Forecast page.

More about Nichias

Nichias Corporation is a Japanese manufacturer listed on the Tokyo Stock Exchange Prime Market, operating primarily in industrial materials and related products. The company focuses on delivering stable shareholder returns and manages its capital policy with emphasis on dividend on equity and total return ratio targets.

YTD Price Performance: 22.17%

Average Trading Volume: 201,419

Technical Sentiment Signal: Buy

Current Market Cap: Yen549.1B

For a thorough assessment of 5393 stock, go to TipRanks’ Stock Analysis page.