Nichicon Raises Annual Dividend Payout, Signals Confidence in Earnings

Nichicon Corporation ( (JP:6996) ) has issued an update.

Nichicon Corporation’s board has approved a year-end dividend of 19 yen per share for the fiscal year with a record date of March 31, 2026, matching its latest forecast and up from 18 yen per share in the previous fiscal year. The total cash payout will be 1,276 million yen, funded from retained earnings, and is subject to approval at the company’s 91st Ordinary General Meeting of Shareholders scheduled for June 26, 2026.

For the current fiscal year, Nichicon plans a total annual dividend of 37 yen per share, consisting of an 18 yen interim dividend already paid and the newly proposed 19 yen year-end dividend, compared with 35 yen per share in the prior year. The incremental increase in shareholder returns signals management’s confidence in the company’s earnings capacity and cash flow, and underscores a continued commitment to stable and gradually rising dividends for investors.

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 TSE Prime under code 6996, operates in the electronics components industry with a primary focus on capacitors and power-related components. The Kyoto-based company serves global industrial, automotive, and electronics markets, positioning itself as a key supplier of components essential for power electronics, energy management, and a range of electronic devices.

Average Trading Volume: 435,828

Technical Sentiment Signal: Buy

Current Market Cap: Yen185.9B

For a thorough assessment of 6996 stock, go to TipRanks’ Stock Analysis page.