Nippon Shokubai Raises Year-End Dividend Despite Operating Profit Shortfall

An announcement from Nippon Shokubai Co., Ltd. ( (JP:4114) ) is now available.

Nippon Shokubai’s board has approved a year-end dividend of 63 yen per share for the fiscal year ended March 31, 2026, to be paid from retained earnings, with shareholder approval to be sought at the June 19, 2026 general meeting. This exceeds the previous forecast of 50 yen and lifts the annual dividend to 113 yen per share, reflecting a payout ratio of 100.8% under the company’s policy of returning at least 100% of profit or achieving a 2.0% DOE.

Despite operating profit falling below earlier guidance due to lower production and sales volumes, profit before tax and profit attributable to owners of parent surpassed forecasts on the back of improved foreign exchange gains and losses. The higher dividend signals management’s commitment to robust shareholder returns even amid operational headwinds, underscoring the company’s willingness to prioritize stable payouts and potentially bolstering investor confidence in its capital allocation stance.

The most recent analyst rating on (JP:4114) stock is a Hold with a Yen1690.00 price target. To see the full list of analyst forecasts on Nippon Shokubai Co., Ltd. stock, see the JP:4114 Stock Forecast page.

More about Nippon Shokubai Co., Ltd.

Nippon Shokubai Co., Ltd. is a Japanese chemical manufacturer listed on the Tokyo Stock Exchange Prime Market under code 4114. The company produces a range of chemical products and operates globally, serving industrial customers with materials used across diverse manufacturing sectors.

Average Trading Volume: 639,753

Technical Sentiment Signal: Buy

Current Market Cap: Yen323.3B

Learn more about 4114 stock on TipRanks’ Stock Analysis page.