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NICHIAS surges on upbeat FY3/27 forecast with higher dividend and share buyback

Tue May 12, 2026 9:21 am JST Catalyst

NICHIAS CORPORATION <5393> surged following the announcement of its consolidated earnings forecast for the fiscal year ending March 2027, released after the market close on May 11. The company projects net sales of 270 billion yen (up 7.2% year-on-year) and operating profit of 45 billion yen (up 21.6% year-on-year). NICHIAS also hiked its dividend forecast to 65 yen, a substantial increase from the previous year's split-adjusted 54.67 yen, drawing strong buying interest.

The outlook reflects anticipated growth across all segments, led by a recovery in semiconductor-related demand within the high-performance products business. For the fiscal year ended March 2026, the company reported sales of 251.9 billion yen (down 1.8% year-on-year) and operating profit of 37 billion yen (down 6.8% year-on-year).

Additionally, NICHIAS announced a share buyback program to repurchase up to 2.3 million shares (1.22% of outstanding shares) or 5,000 million yen. The buyback is scheduled to run from May 12 through September 30.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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