NIRECO CORPORATION (6863) Dividends
Market cap
¥16.4B
P/E ratio
11.1x
Nireco develops and manufactures control, measurement, and inspection equipment for steel, chemicals, food, and printing industries worldwide.
Latest Dividend per Share Forecast
85.00JPY
If you buy 100 shares of NIRECO CORPORATION, the expected annual dividend is 8,500 JPY.
- Dividend Yield
- 4.0%
- Payout Ratio
- 45.3%
Dividend Policy
<p>We prioritize continuous and stable returns to shareholders, with a shareholder return policy targeting a consolidated dividend payout ratio of 45% or higher and a dividend on equity (DOE) of 2.5% or higher. Our basic policy is to pay dividends twice annually—an interim dividend and a year-end dividend. We plan to use retained earnings to strengthen our research and development capabilities, invest in new business launches, and fund market expansion initiatives.</p>
Dividend per Share
Payout Ratio
Dividend Yield
Dividend History (Forecasts, Revisions, Actuals)
| Fiscal Year | Type | Interim | Year-End | Total | Payout Ratio |
| FY2026 | Forecast(2025/05/14) | 35 | 50 | 85 | 45.3% |
|---|---|---|---|---|---|
| FY2025 | Actual(2025/05/14) | 24 | 71 | 95 | 45.0% |
| Revision(2025/02/06) | 24 | 55 | 79 | - | |
| Revision(2024/11/13) | 24 | 40 | 64 | - | |
| Revision(2024/08/09) | 24 | 33 | 57 | - | |
| Forecast(2024/05/14) | 24 | 30 | 54 | 45.8% | |
| FY2024 | Actual(2024/05/14) | 20 | 42 | 62 | 45.1% |
| Revision(2024/02/13) | 20 | 39 | 59 | - | |
| Forecast(2023/05/12) | 20 | 28 | 48 | 40.4% | |
| FY2023 | Actual(2023/05/12) | 18 | 29 | 47 | 40.0% |
| Revision(2023/02/13) | 18 | 22 | 40 | - | |
| Forecast(2022/05/13) | 18 | 20 | 38 | 46.4% | |
| FY2022 | Actual(2022/05/13) | 14 | 24 | 38 | 68.6% |
| Revision(2021/11/12) | 14 | 23 | 37 | - | |
| Forecast(2021/05/14) | 10 | 16 | 26 | 38.1% | |
| FY2021 | Actual(2021/05/14) | 10 | 14 | 24 | 40.6% |
| Forecast(2020/11/09) | 10 | 14 | 24 | - | |
| FY2020 | Actual(2020/11/09) | 14 | 20 | 34 | - |