Nippon Beet Sugar Lifts Dividend Forecast Despite Ongoing Operating Losses

Nippon Beet Sugar Manufacturing Co., Ltd. ( (JP:2108) ) has issued an announcement.

Nippon Beet Sugar Manufacturing reported consolidated net sales of ¥51.25 billion for the nine months ended December 31, 2025, up 9.9% year on year, but remained in an operating loss of ¥1.18 billion and an ordinary loss of ¥439 million, with profit attributable to owners of parent plunging 88.4% to ¥577 million amid weaker profitability. Despite this, total assets rose to ¥113.59 billion and equity ratio stayed relatively high at 65.3%, while the company sharply raised its annual dividend forecast to ¥160 per share and revised its full-year outlook to ¥69 billion in net sales and ¥4.7 billion in profit attributable to owners of parent, signaling confidence in earnings recovery and improved shareholder returns.

For the fiscal year ending March 31, 2026, Nippon Beet Sugar projects a modest 6.5% increase in net sales and expects to narrow its operating loss to ¥400 million, while forecasting ordinary profit of ¥300 million and a 73.8% jump in profit attributable to owners of parent compared with the previous year. The combination of higher dividend guidance and upgraded earnings forecasts suggests management is prioritizing shareholder value and anticipates better performance in the latter part of the fiscal year, even as structural profitability challenges in its core sugar business persist.

The most recent analyst rating on (JP:2108) stock is a Buy with a Yen4663.00 price target. To see the full list of analyst forecasts on Nippon Beet Sugar Manufacturing Co., Ltd. stock, see the JP:2108 Stock Forecast page.

More about Nippon Beet Sugar Manufacturing Co., Ltd.

Nippon Beet Sugar Manufacturing Co., Ltd., listed on the Tokyo Stock Exchange under code 2108, operates in the food and agribusiness sector, focusing on sugar manufacturing and related products. The company targets the domestic Japanese market, leveraging beet-based sugar production and associated operations to support its revenue base and maintain a solid equity position.

Average Trading Volume: 35,742

Technical Sentiment Signal: Buy

Current Market Cap: Yen50.05B

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