Nichicon Lifts Profit and Dividend as It Forecasts Stronger Growth for Fiscal 2027

Nichicon Corporation ( (JP:6996) ) just unveiled an update.

Nichicon Corporation reported consolidated net sales of ¥169.7 billion for the fiscal year ended March 31, 2026, down 3.4% year on year, but achieved a 24.1% rise in operating profit to ¥6.5 billion and a 7.4% increase in profit attributable to owners of parent to ¥6.3 billion. Profitability metrics improved, with the operating margin rising to 3.8% and the equity-to-asset ratio strengthening to 61.2%, while cash and cash equivalents ended slightly lower at ¥24.4 billion, indicating steadier but more modest cash generation.

The company raised its annual dividend to ¥37 per share for fiscal 2026 and plans a further increase to ¥39 per share in fiscal 2027, keeping its payout ratio around 39% and signaling confidence in earnings stability. For the year ending March 31, 2027, Nichicon forecasts a recovery in demand, projecting net sales of ¥185.0 billion, a 9.0% increase, along with a 34.8% jump in operating profit to ¥8.7 billion and higher earnings per share, suggesting an expected improvement in operating leverage and shareholder returns.

The most recent analyst rating on (JP:6996) stock is a Buy with a Yen2500.00 price target. To see the full list of analyst forecasts on Nichicon Corporation stock, see the JP:6996 Stock Forecast page.

More about Nichicon Corporation

Nichicon Corporation, listed on the Tokyo Stock Exchange, operates in the electronic components industry, with a core focus on capacitors and related power electronics products. Its offerings support a wide range of applications, including industrial equipment, automotive systems, and energy-related solutions, positioning the company as a key supplier to global electronics and infrastructure markets.

Average Trading Volume: 375,321

Technical Sentiment Signal: Buy

Current Market Cap: Yen158.3B

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