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Inaba Denki Sangyo Updates Progress on Ongoing Share Buyback Program

Story Highlights
  • Inaba Denki Sangyo is executing an authorized share buyback to acquire its own common stock.
  • By January 31, 2026, it had repurchased 1,541,300 shares for about ¥3.66 billion, nearing its buyback ceiling.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Inaba Denki Sangyo Updates Progress on Ongoing Share Buyback Program

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

Inaba Denki Sangyo Co., Ltd. reported progress on its ongoing share buyback program authorized under its Articles of Incorporation, aimed at acquiring its own common shares within a set quota and period. Between January 1 and January 31, 2026, the company repurchased 46,400 shares for approximately ¥115.8 million, bringing cumulative buybacks under the current Board authorization to 1,541,300 shares at a total cost of about ¥3.66 billion, out of a maximum 2.1 million shares and ¥4.4 billion budget (post share split), underscoring a continued focus on capital efficiency and shareholder returns.

The most recent analyst rating on (JP:9934) stock is a Buy with a Yen2906.00 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 Tokyo Stock Exchange Prime Market, dealing primarily in electrical materials and related products for construction, industrial, and infrastructure projects.

Average Trading Volume: 237,750

Technical Sentiment Signal: Buy

Current Market Cap: Yen291.2B

For a thorough assessment of 9934 stock, go to TipRanks’ Stock Analysis page.

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