Hamamatsu Photonics posts profit slump, launches share buyback

Hamamatsu Photonics K.K. announced consolidated financial results for the fiscal year ended September 30, 2025, with net sales of 212,051 million yen, a 4.0% increase from the previous year. However, operating profit decreased by 49.7% to 16,163 million yen, ordinary profit by 45.5% to 18,802 million yen, and profit attributable to owners of parent declined by 43.5% to 14,203 million yen.

In a move to enhance shareholder returns and capital efficiency, the company's Board of Directors resolved a share repurchase plan on November 7, 2025. This plan authorizes the buyback of up to 15,000,000 common shares, representing 5.02% of issued shares, with a maximum total value of 20 billion yen. The repurchase period is from November 10, 2025, to September 30, 2026.

Looking ahead, Hamamatsu Photonics forecasts continued growth for the fiscal year ending September 30, 2026, with projected consolidated net sales of 222,000 million yen, a 4.7% increase. The company also expects operating profit to rise by 6.4% to 17,200 million yen, ordinary profit by 7.4% to 20,200 million yen, and profit attributable to owners of parent by 0.7% to 14,300 million yen. The company announced an annual dividend forecast of 38 yen per share for both fiscal years 2025 and 2026.