Nippon Carbide Boosts Shareholder Returns and Launches New Benefit Program

Nippon Carbide Industries Company,Incorporated ( (JP:4064) ) has provided an update.

Nippon Carbide Industries has revised its shareholder return policy for the next medium-term management plan, raising its target from a dividend payout ratio of 30% or more to a policy of maintaining stable dividends with the higher of a 40% payout ratio or a 3.0% dividend-on-equity ratio. This shift, effective from the interim dividend for the fiscal year ending March 2027, is intended to enhance capital efficiency, strengthen shareholder returns, and support a higher level of stable dividends.

The company is also introducing a shareholder benefit program from the record date of September 30, 2026, aimed at increasing the attractiveness of its shares and encouraging long-term holdings. Shareholders owning at least 100 shares as of March 31 and September 30 each year will receive digital gifts worth 500 yen per record date, for a total of 1,000 yen annually, with exchangeable options such as major digital gift cards and payment points to provide added value to investors.

The most recent analyst rating on (JP:4064) stock is a Buy with a Yen3104.00 price target. To see the full list of analyst forecasts on Nippon Carbide Industries Company,Incorporated stock, see the JP:4064 Stock Forecast page.

More about Nippon Carbide Industries Company,Incorporated

Nippon Carbide Industries Co., Inc. is a Japan-based manufacturer listed on the TSE Prime Market that operates in the chemical and materials industry. The company focuses on specialty carbides and related industrial materials, serving a broad base of shareholders to whom it emphasizes stable and improving returns.

Average Trading Volume: 69,196

Technical Sentiment Signal: Buy

Current Market Cap: Yen26.17B

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