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Hibino Corporation announces 2-for-1 stock split with record date of September 30

Tue Apr 28, 2026 4:09 pm JST Catalyst

Hibino <2469> announced following the market close it will implement a 2-for-1 stock split with a record date of Sept. 30. The move aims to lower the minimum investment threshold, thereby boosting share liquidity and broadening the company's investor base. In tandem with the split, Hibino will launch a new shareholder loyalty program for those holding between 100 and 199 shares post-split. Eligible shareholders will receive 1,000 benefit points for holdings of less than three years, and 2,000 points for three years or more.

Separately, the company announced it will acquire a 90.1% stake in Sonora Technology?a Tokyo-based manufacturer of anechoic and soundproof rooms?for 757 million yen on May 29. Hibino expects the acquisition to drive synergies by strengthening its integrated acoustic R&D solutions and expanding its footprint in the noise countermeasure sector. The company will factor the impact of the acquisition into its earnings guidance for the fiscal year ending March 2027, which is scheduled for release on May 14.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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