Consumer Vehicles and Parts

Mitsuba Corporation

7280

Mitsuba Corporation reported flat net sales of ¥348.6 billion for the year ending March 31, 2026, but improved profitability with a 14.2% rise in operating profit to ¥23.9 billion. The company doubled its annual dividend to ¥25 per share, despite forecasting modest declines in sales and profits for the next fiscal year. Mitsuba's equity ratio increased from 28.7% to 34.4%, and cash equivalents rose to ¥100.6 billion.

Tip Ranks

Mitsuba Boosts Profitability and Dividends Despite Flat Sales

9502

9691

Mitsuba Corporation and Chubu Electric Power are initiating a joint tender offer to take RYOMO SYSTEMS private, with Mitsuba acquiring 80% and Chubu Electric 20% of voting rights post-offer. The tender, priced at 5,200 yen per share for up to 1,703,447 shares (totaling approximately 8.9 billion yen), runs from May 15 to July 8, 2026. The offerors plan to implement squeeze-out procedures if the minimum share acquisition is met, aiming for full control of RYOMO SYSTEMS.

Chubu Electric Power Company,Incorporated

Ryomo Systems Co., Ltd.

Mitsuba and Chubu Electric Power Move to Take RYOMO SYSTEMS Private via Tender Offer

Mitsuba Corporation has announced the disposal of 76,817 shares of treasury stock as part of a restricted stock compensation plan aimed at incentivizing directors and executive officers. This initiative seeks to align their interests with shareholders to enhance corporate value over the medium to long term. The plan includes specific transfer restrictions and service period conditions to ensure commitment to the company's growth objectives. Mitsuba operates in the automotive industry, focusing on electrical components and systems for vehicles.

Mitsuba Corporation(7280.JP)

Mitsuba Boosts Profitability and Dividends Despite Flat Sales

Mitsuba and Chubu Electric Power Move to Take RYOMO SYSTEMS Private via Tender Offer

Mitsuba Corporation Announces Treasury Stock Disposal for Restricted Stock Compensation