Nippon Chemical Industrial announced on the 30th that it will pay an annual dividend of 240 yen per share for the fiscal year ending March 2027. The previous year's dividend was 120 yen. The company is working to strengthen profitability and improve capital efficiency, including reducing strategic shareholdings, and as part of this effort it is enhancing shareholder returns. At the same time, it will conduct a share buyback of up to 110,000 shares, representing 1.27% of outstanding shares, with a maximum total cost of 500 million yen. The repurchase period runs from August 12 to March 31, 2027.
Nippon Chemical Industrial Co., Ltd.Doubled dividend and announced share buyback, enhancing shareholder returns.