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NOF lifts profit, boosts dividends and projects strong sales growth

Story Highlights
  • NOF delivered higher sales, profits and stronger cash flows, while maintaining a solid balance sheet and improved return on equity.
  • The company raised dividends sharply and forecasts further sales and profit growth, balancing shareholder returns with ongoing investment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NOF lifts profit, boosts dividends and projects strong sales growth

Meet Samuel – Your Personal Investing Prophet

NOF ( (JP:4403) ) has issued an update.

NOF Corporation reported solid earnings for the fiscal year ended March 31, 2026, with net sales rising 8.2% to ¥257.97 billion and profit attributable to owners of the parent increasing 11.1% to ¥40.55 billion. Operating profit grew 4.6%, return on equity edged up to 14.1%, and the company maintained robust financial health with total assets of ¥399.17 billion and an equity-to-asset ratio of 74.0%.

Cash flows from operating activities strengthened to ¥35.87 billion, while the company returned more cash to shareholders, lifting the annual dividend from ¥45.00 to ¥61.00 per share and targeting ¥70.00 for the next fiscal year. NOF forecasts a 23.7% jump in net sales to ¥319.0 billion and higher operating profit for the year ending March 31, 2027, even as it anticipates a slight decline in profit attributable to owners of the parent, signaling continued growth investment alongside disciplined shareholder returns.

More about NOF

NOF Corporation is a Japanese chemical manufacturer listed on the Tokyo Stock Exchange, producing a broad range of specialty chemicals and related materials. The company focuses on value-added chemical products for industrial applications and maintains a strong balance sheet with high equity ratios, positioning it as a stable player in Japan’s chemical sector.

YTD Price Performance: 8.28%

Average Trading Volume: 793,171

Technical Sentiment Signal: Buy

Current Market Cap: Yen761.4B

Learn more about 4403 stock on TipRanks’ Stock Analysis page.

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