Kansai Paint lifts dividend despite profit decline in FY2026
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The latest update is out from Kansai Paint Co ( (JP:4613) ).
Kansai Paint reported consolidated net sales of ¥589.8 billion for the fiscal year ended March 31, 2026, virtually flat year on year, while operating profit slipped 4.5% to ¥49.7 billion and profit attributable to owners of the parent fell 17.4% to ¥31.6 billion. Despite weaker earnings, ordinary profit rose 11.4%, equity increased, and the equity-to-asset ratio improved to 37.4%, supported by stronger operating cash flows and higher share of profit from equity-method affiliates.
The company sharply raised its annual dividend to ¥110 per share, more than doubling the prior year’s payout, resulting in a payout ratio above 60% and signaling a stronger commitment to shareholder returns. For the year to March 2027, Kansai Paint forecasts modest sales and operating profit growth but expects profit attributable to owners of the parent to decline about 15%, indicating ongoing margin and earnings pressure even as it maintains its new higher dividend level.
The most recent analyst rating on (JP:4613) stock is a Buy with a Yen3400.00 price target. To see the full list of analyst forecasts on Kansai Paint Co stock, see the JP:4613 Stock Forecast page.
More about Kansai Paint Co
Kansai Paint Co., Ltd. is a Japanese manufacturer in the coatings and paints industry, listed on the Tokyo Stock Exchange. The company supplies a wide range of industrial, automotive, and decorative paints, with a diversified domestic and international customer base focused on construction, manufacturing, and infrastructure markets.
YTD Price Performance: -3.15%
Average Trading Volume: 1,186,873
Technical Sentiment Signal: Buy
Current Market Cap: Yen395.5B
For detailed information about 4613 stock, go to TipRanks’ Stock Analysis page.
