Inaba Denkisangyo announces share split, dividend adjustment, and buyback

Inaba Denkisangyo resolved a two-for-one share split for common shares effective December 1, 2025, to improve investment accessibility and liquidity. This will increase the total number of issued shares from 56,829,800 to 113,659,600 and authorized shares from 152,920,000 to 305,840,000. Correspondingly, exercise prices for share acquisition rights will be halved from December 1, 2025.

The company also revised its dividend forecast for the fiscal year ending March 31, 2026, due to the share split. The year-end dividend is projected at JPY 35 per share (post-split), equivalent to JPY 70 per share (pre-split), maintaining the annual dividend at JPY 140 per share (pre-split).

Additionally, Inaba Denkisangyo announced the acquisition of up to 1,050,000 common shares (post-split: 2,100,000 shares) worth up to JPY 4,400,000,000 between November 4, 2025, and April 30, 2026. This buyback aligns with its shareholder return policy, targeting a 60% total payout ratio.