MAX CO., LTD. <6454> rebounded sharply and updated its record high since listing. After the close of trading on April 30th, the company disclosed its full-year earnings forecast for the fiscal year ending March 2027 alongside the announcement of its consolidated financial results for the fiscal year ended March 2026. The company projected sales of 105.5 billion yen (up 5.9% year-on-year) and operating profit of 18.8 billion yen (up 7.0% year-on-year). The year-end dividend forecast was set at 40 yen, representing a substantial increase of 3 yen on a post-split basis following the 4-for-1 stock split effective April 1, 2026. The company also announced a share buyback program with an upper limit of 4 million shares (2.22% of issued shares excluding treasury stock) and a total acquisition value of up to 7.1 billion yen, which attracted buying interest. For the current fiscal year, growth will be driven by the Industrial Equipment segment, which continues to expand its business centered on rebar tying tools both domestically and internationally.

For the fiscal year ended March 2026, sales totaled 99.607 billion yen (up 8.5% year-on-year) and operating profit reached 17.571 billion yen (up 21.4% year-on-year). In the overseas industrial products business of the Industrial Equipment segment, sales of rebar tying tools and consumables grew significantly in Europe and the United States due to increased demand for mechanization driven by labor shortages at construction sites and promotional activities. Regarding the share buyback, the acquisition period is set from May 1st to December 31st, and will be conducted through market purchases including off-exchange trading (ToSTNeT-3).

Source: MINKABU PRESS

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