Inaba Denkisangyo reports record earnings, announces share split and buyback

Inaba Denkisangyo reported a record second-quarter performance for the fiscal year ending March 2026, with net sales increasing 7.0% year-on-year to 192.246 billion yen and ordinary profit up 22.4% to 15.201 billion yen. Profit attributable to owners of parent rose 25.9% to 10.622 billion yen. This growth was primarily fueled by robust performance in Electrical Equipment & Materials, with sales increasing 10.0% to 130.6 billion yen, and Industrial Automation, which saw a 3.9% rise to 18.7 billion yen. Proprietary Products net sales decreased slightly by 0.2% to 42.9 billion yen, though the industrial and housing sectors within this segment showed increases.

Looking ahead, Inaba Denkisangyo forecasts for the fiscal year ending March 2026 include 392 billion yen in net sales and 26.7 billion yen in operating profit, with 19.4 billion yen in profit attributable to owners of parent. The company’s medium-term management plan targets 430 billion yen in net sales and 29.5 billion yen in operating profit for fiscal 2027.

To enhance shareholder value, Inaba Denkisangyo announced a two-for-one share split effective December 1, 2025, with a record date of November 30, 2025. Additionally, the company is implementing a share buyback program with a maximum acquisition price of 4.4 billion yen and up to 1.05 million shares (2.1 million post-split), aiming for a medium-term total payout ratio of approximately 60% through dividends and share acquisitions. The acquisition began on November 4, 2025.