kabutan

INNOTECH CORPORATION shares surge to daily limit as investors react to FY March 2027 earnings forecast and share buyback

Fri May 15, 2026 9:46 am JST Catalyst

INNOTECH CORPORATION <9880> hit its daily limit-up on the 14th, reaching a new high. After the market close, INNOTECH announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting operating profit of 3.7 billion yen, up 19.0% year-on-year, and an annual dividend of 130 yen, an increase of 5 yen from the previous year.

Revenue is expected to reach 50 billion yen, up 7.0% year-on-year. The Test Solution business is projected to benefit from continued demand for overseas products and a recovery in domestic demand. The company also anticipates steady growth in its semiconductor design-related, systems, and services businesses.

Additionally, INNOTECH announced a share buyback of up to 1 million shares, representing 8.2% of its outstanding stock, or 2.5 billion yen. The buyback is intended to improve capital efficiency and enhance shareholder returns, with the acquisition period running from May 15 through December 31, 2026.

Source: MINKABU PRESS

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

Related Articles