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Noritake boosts profits and dividends on stronger FY2026 results

Story Highlights
  • Noritake increased sales and profits in FY2026, improving return on equity and benefiting from higher comprehensive income and equity-method contributions.
  • The company strengthened its balance sheet and cash flows, raised annual dividends, executed a two-for-one stock split, and outlined a normalized payout for FY2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Noritake boosts profits and dividends on stronger FY2026 results

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Noritake Co.,Limited ( (JP:5331) ).

Noritake Co., Limited reported steady growth for the fiscal year ended March 31, 2026, with net sales rising 3.4% to ¥142.9 billion and profit attributable to owners of the parent up 9.6% to ¥14.2 billion. Operating profit and ordinary profit also improved, while return on equity edged up to 9.0%, supported by higher comprehensive income and contributions from equity-method affiliates.

The company’s financial position strengthened, as total assets climbed to ¥230.1 billion and equity reached ¥166.7 billion, although the equity ratio eased slightly to 72.5%. Cash flow from operating activities more than quadrupled year-on-year and cash on hand increased, enabling Noritake to raise its annual dividend to ¥180 per share for FY2025 and maintain a robust shareholder return policy alongside a two-for-one stock split effective April 1, 2026.

Noritake also signaled a normalization of dividend levels for the year ending March 31, 2027, forecasting a total dividend of ¥100 per share after the split. The evolving payout ratio and improved profitability underscore the company’s focus on balancing growth investment, financial stability, and returns to shareholders in a competitive industrial and ceramics market.

More about Noritake Co.,Limited

Noritake Co., Limited is a Japanese manufacturer listed on the Tokyo and Nagoya stock exchanges, operating under Japanese GAAP. The company is known for its ceramics and industrial materials, serving both consumer and industrial markets with a diversified product portfolio and a solid equity base.

Average Trading Volume: 240,153

Technical Sentiment Signal: Buy

Current Market Cap: Yen198.4B

Find detailed analytics on 5331 stock on TipRanks’ Stock Analysis page.

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