Futaba Industrial revises forecast, announces share repurchase and employee incentives
Futaba Industrial Co., Ltd. announced a revision to its consolidated financial forecast for the fiscal year ending March 2026. Net sales are projected downward to 650,000 million yen (from 680,000 million yen), primarily due to changes in the unit price of direct supply parts in North America. Despite this, operating profit, ordinary profit, and net income attributable to owners of parent are all revised upward to 16,000 million yen (from 15,500 million yen), 16,000 million yen (from 15,500 million yen), and 12,000 million yen (from 11,500 million yen), respectively, reflecting strong first-half performance.
The company also approved a repurchase of up to 430,000 common shares, amounting to 473 million yen, between November 4, 2025, and December 12, 2025. This move aims to acquire shares for restricted stock compensation and to maintain capital policy flexibility.
Furthermore, Futaba Industrial announced a restricted stock incentive plan for its employee shareholding association, commemorating its 80th anniversary. The plan involves disposing of 430,080 treasury shares at 962 yen per share, totaling 413,736,960 yen. These shares will be allotted to eligible employees who contribute a special incentive payment, with a transfer restriction period from March 2, 2026, to May 31, 2029.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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