Nisshin OilliO Announces Three-for-One Share Split and Revises Dividend Framework

Nisshin OilliO Group, Ltd. ( (JP:2602) ) has provided an announcement.

The Nisshin OilliO Group will conduct a three-for-one split of its common shares, effective April 1, 2026, to boost liquidity and broaden its investor base by lowering the per-unit investment amount. Following the split, issued shares will rise from 33,716,257 to 101,148,771, and the number of authorized shares will be increased to 233,010,000 through a corresponding amendment to the Articles of Incorporation.

The company will keep its capital unchanged but will adjust its dividend framework under the Value UpX medium-term plan, resetting the minimum dividend to ¥60 per share post-split while maintaining a 40% consolidated payout ratio target. For the fiscal year ending March 31, 2026, dividends and shareholder benefits will be calculated on a pre-split basis, with details of the benefit program from March 2027 onward to be announced later, signaling a recalibration of shareholder returns aligned with the new share structure.

The most recent analyst rating on (JP:2602) stock is a Buy with a Yen6574.00 price target. To see the full list of analyst forecasts on Nisshin OilliO Group, Ltd. stock, see the JP:2602 Stock Forecast page.

More about Nisshin OilliO Group, Ltd.

The Nisshin OilliO Group, Ltd. is a Japan-based food manufacturer listed on the Tokyo Stock Exchange Prime Market under securities code 2602. The company is primarily engaged in edible oils and related food products, serving both consumer and industrial markets in Japan and abroad.

Average Trading Volume: 67,672

Technical Sentiment Signal: Buy

Current Market Cap: Yen193.5B

See more data about 2602 stock on TipRanks’ Stock Analysis page.