Inaba Denki Sangyo Nears Completion of Share Buyback Program After Share Split

Inaba Denkisangyo Co., Ltd. ( (JP:9934) ) has shared an announcement.

Inaba Denki Sangyo reported the monthly status of its ongoing share buyback program authorized under Japan’s Companies Act, noting that it acquired no shares during the period from February 1 to February 28, 2026, incurring no acquisition costs in that month. The buyback is part of a broader board-approved program, adjusted for a recent two-for-one share split, under which the company has so far repurchased 1,541,300 shares for about ¥3.66 billion by the end of February, signaling continued capital return to shareholders and potential support for its share price.

The current authorization allows for market purchases of up to 2,100,000 shares following the share split, with a maximum budget of ¥4.4 billion, and runs through April 30, 2026 via discretionary trading contracts. With roughly three-quarters of the authorized monetary amount already deployed and a substantial portion of the target shares acquired, the company appears to be nearing completion of the program, a move that may enhance earnings per share and underscore management’s confidence in its valuation while modestly tightening the stock’s free float.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen3264.00 price target. To see the full list of analyst forecasts on Inaba Denkisangyo Co., Ltd. stock, see the JP:9934 Stock Forecast page.

More about Inaba Denkisangyo Co., Ltd.

Inaba Denki Sangyo Co., Ltd. is a Japan-based electrical equipment trading company listed on the TSE Prime, dealing primarily in electrical materials and related industrial products for construction, infrastructure, and factory applications. The company serves a broad industrial and commercial customer base, positioning itself as a key distributor within Japan’s electrical and electronics supply chain.

Average Trading Volume: 217,017

Technical Sentiment Signal: Buy

Current Market Cap: Yen325.5B

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