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Nisshin OilliO lifts net income despite weaker margins and sets post-split dividend plan

Story Highlights
  • Nisshin OilliO grew sales but saw operating and ordinary profits decline, while profit attributable to owners jumped sharply, supported by improved earnings from affiliates and higher comprehensive income.
  • The group strengthened its balance sheet and cash position, maintained a robust dividend ahead of a three-for-one stock split, and forecasts higher sales yet lower net income, shaping expectations for investors and analysts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nisshin OilliO lifts net income despite weaker margins and sets post-split dividend plan

Meet Samuel – Your Personal Investing Prophet

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

The Nisshin OilliO Group reported consolidated net sales of ¥554.3 billion for the year ended March 31, 2026, up 4.4% from the previous year, while operating profit declined 11.7% to ¥17.0 billion and ordinary profit fell 11.4% to ¥16.0 billion. Despite weaker operating margins, profit attributable to owners of the parent surged 86.7% to ¥24.0 billion, lifting basic earnings per share to ¥254.41 and boosting comprehensive income, supported by improved equity in earnings of affiliates.

Total assets rose to ¥451.2 billion and net assets to ¥222.0 billion, though the capital adequacy ratio edged down to 46.6%, with net assets per share increasing alongside higher equity. The company generated positive operating cash flow and swung to positive financing cash flow, maintained an annual dividend of ¥180 per share before a three-for-one stock split, and plans a post-split dividend of ¥60 for fiscal 2027 while forecasting higher sales and profits but a sharp decline in net income, signaling a more conservative earnings outlook for shareholders and analysts.

More about Nisshin OilliO Group, Ltd.

The Nisshin OilliO Group, Ltd. is a Japan-based food manufacturer listed on the Tokyo Stock Exchange, best known for edible oils and related products. The company operates globally in the broader oils and fats market, supplying food industry customers and consumers, and maintains a capital structure with an equity ratio in the mid-40% range, reflecting a relatively solid financial base.

Average Trading Volume: 253,694

Technical Sentiment Signal: Buy

Current Market Cap: Yen168.9B

For an in-depth examination of 2602 stock, go to TipRanks’ Overview page.

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