kabutan

Hibino Corporation shares lackluster as market reaction muted to announced 2-for-1 stock split with September 30 record date

Thu Apr 30, 2026 2:10 pm JST Catalyst

Hibino Corporation <2469> shares were lackluster in recent trading. The company announced after the market close on the 28th a two-for-one stock split with a record date of Sept. 30, though the news drew a muted market reaction. Hibino stated the split aims to lower investment thresholds, improve liquidity, and broaden its Retail Investor base. In conjunction with the split, the company will revise its shareholder benefit program to include holders of 100 to 199 shares post-split, offering 1,000 points for those holding shares for less than three years and 2,000 points for those holding longer.

Additionally, the company will acquire a 90.1% stake in Sonora Technology, a Tokyo-based manufacturer of anechoic and soundproof rooms, on May 29. Hibino expects synergies in audio R&D solutions and noise control systems through the acquisition. The deal is valued at 757 million yen. The company will incorporate the impact of the acquisition into its earnings forecast for the fiscal year ending March 2027, scheduled for release on May 14.

Source: MINKABU PRESS

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

Related Articles