Source disclosure: February 03, 2026
YOKOGAWA ELECTRIC CORPORATION [6841.T]
TOKYO, Feb 3 (Pulse News Wire) -- Yokogawa Electric Corporation (6841.T), led by Representative Director President Kozo Shigeno, announced revisions to its consolidated earnings forecast and dividend expectations for the fiscal year ending March 31, 2026. The company made these adjustments during a board meeting held today, following an initial forecast released on November 4, 2025.
Regarding the revised earnings forecast, Yokogawa anticipates a higher performance compared to previous estimates. For the fiscal year starting April 1, 2025, and concluding on March 31, 2026, the company now projects consolidated sales of ¥595 billion, up from the previously stated ¥577 billion. Operating income is expected to reach ¥87 billion, an increase of ¥4 billion over the earlier projection. Similarly, ordinary income and net income attributable to shareholders of the parent company will rise to ¥87 billion and ¥59.5 billion respectively, marking a significant improvement from the prior forecasts of ¥83 billion and ¥54.5 billion. This translates to an estimated earnings per share of ¥233.15, representing a notable growth rate of 9.2%.
The company attributes this upward revision primarily to strong third-quarter cumulative results and positive outlooks. Additionally, the assumed exchange rate has been adjusted from 1 USD = 145 JPY to 1 USD = 150 JPY.
In terms of dividends, Yokogawa plans to enhance shareholder returns significantly. Previously, the company had proposed a final dividend of ¥32 per share for the fiscal year ending March 31, 2026. However, based on improved earnings projections, the company now intends to raise the final dividend to ¥46 per share, marking a substantial increase of ¥14 per share. This decision aligns with the company's commitment to maintaining stable and continuous dividend growth through robust business performance and ensuring adequate funding for long-term investments aimed at maximizing shareholder value.
Yokogawa’s policy emphasizes sustainable dividend payments even under temporary adverse conditions, aiming to maintain stability while surpassing the target payout ratio of 30%. These revised forecasts and dividend expectations will be presented for discussion at the annual general meeting scheduled for June 2026. The move reflects Yokogawa's dedication to balancing profitability and shareholder interests as it navigates future challenges and opportunities.
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