Hirose Electric lifts earnings forecast, boosts share buyback program

Hirose Electric Co., Ltd. has revised its consolidated full-year earnings forecast for the fiscal year ending March 2026. This is driven by foreign exchange trends and stronger-than-expected performance in the general industrial business segment. The revised forecast sees revenue increasing from JPY 191,000m to JPY 200,000m, operating profit rising from JPY 38,500m to JPY 40,000m, and profit attributable to owners of the parent improving from JPY 28,000m to JPY 30,000m. Basic earnings per share are now projected at JPY 891.76, up from JPY 827.53. The company also confirmed no changes to its year-end dividend forecast.

Concurrently, Hirose Electric has actively pursued its share buyback program. From October 1, 2025, to October 31, 2025, the company repurchased 133,700 shares of common stock for a total of JPY 2,551,094,500. This brings the cumulative number of shares acquired as of October 31, 2025, to 480,400 shares, with a total cost of JPY 9,133,252,000, under the resolution approved by the Board of Directors on August 4, 2025.

The company's six-month financial results ending September 30, 2025, show revenue of JPY 102,025m and operating profit of JPY 20,461m. Total assets as of September 30, 2025, increased to JPY 426,947m, up by JPY 10,081m from March 31, 2025, with equity attributable to owners of the parent at JPY 377,371m.