ELECOM Co., Ltd. has decided to dispose of a total of 15,200 shares to directors and executive officers under the restricted stock compensation plan, aiming to enhance corporate value and create sustainable shareholder value. The disposal price is 1,830 yen per share, with payment scheduled for August 21, 2026.
Elecom plans to dispose of 406,245 shares of treasury stock through its Employee Shareholding Scheme, raising approximately ¥743 million in funds. The scheme introduces restricted stock units to promote long-term employee engagement.
We announce that the absorption-type consolidation of the consolidated subsidiary Iida Tetsu-sō Co., Ltd. has completed as scheduled on July 1, 2026.
ELECOM will execute an absorption-type merger of its wholly owned subsidiaries DX Antenna and Japan Antenna on October 1, 2026, aiming to enhance operational efficiency and increase corporate value.
ELECOM is scheduled to receive a dividend of 5,300 million yen from its consolidated subsidiary DX Antennas, which will be deposited on June 30, 2026. This dividend will be recorded as non-operating income in the standalone financial statements for the fiscal year ending March 2027 and will not impact the consolidated earnings results.
Empire Telecom Industry's FY2026 financial results show net sales of 17,256 million yen (up 4.4% YoY) and operating profit of 1,500 million yen (up 8.3% YoY), achieving both revenue and profit growth. Segments mainly include AV equipment and automotive fields, with revenues of approximately 4,989 million yen and 3,946 million yen respectively. Continued strong performance is expected, and forecasts for...
ELECOM Co., Ltd. has revised its year-end dividend forecast for the fiscal year ending March 2026 to 31 yen per share, comprising an ordinary dividend of 26 yen plus a commemorative dividend of 5 yen.