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NIPPO hits daily limit down on forecast of lower operating profit for fiscal year ending March 2027

Tue May 19, 2026 9:47 am JST Catalyst

NIPPO LTD. <9913> hit the daily limit down. After the close of trading on the 18th, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting sales of 47.3 billion yen (up 1.9% year-on-year) and operating profit of 2.05 billion yen (down 1.4% year-on-year). The forecast indicates a slight decline in profit, marking a reversal from the record high earnings in the previous fiscal year, and this appears to be viewed negatively by the market.

The company cited the unstable situation in Iran, noting that negative impacts such as raw material supply disruptions and soaring procurement costs remain difficult to fully assess. Regarding dividends, the company set the previous fiscal year's dividend at a total of 154 yen, comprising an ordinary dividend of 78 yen plus a special dividend of 76 yen, and forecasts an ordinary dividend of 79 yen for the current fiscal year. Separately announced fiscal year ended March 2026 results showed sales of 46.403 billion yen (up 3.4% year-on-year) and operating profit of 2.079 billion yen (up 5.5% year-on-year).

Source: MINKABU PRESS

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

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