TSE:4403Chemicals
The Bull Case For NOF (TSE:4403) Could Change Following Upgraded Earnings, Dividend And Buyback Plan
In February 2026, NOF Corporation announced higher full-year earnings and dividend guidance, alongside authorization of a ¥5,000 million share repurchase program covering up to 1,800,000 shares, or 0.79% of shares outstanding excluding treasury stock.
The combination of upgraded profit outlook, a year-end dividend forecast lifted to ¥35.00 per share, and a new buyback underscores management’s focus on shareholder returns and capital efficiency despite mixed segment trends.
With these changes...