#Ibiden

Ibiden Co., Ltd. sold all 2,763,000 shares of common stock it holds in Toyota Industries Corporation at 20,600 yen per share, recording a total gain on sale of 56,917,800,000 yen. Settlement begins on 2026-03-30.

Ibiden Co., Ltd. has decided the secondary offering price of common shares at 7,632 yen per share, with a total offering amount of approximately 52,467,710,000 yen, and an over-allotment portion of 1,031,100 shares will be conducted at the same price. The application period is from March 5 to 6, 2026, and the settlement date is March 11.

Ibiden Co., Ltd. announced a capital investment plan of approximately 500 billion yen for its electronics business from fiscal 2026 to 2028 and resolved an additional investment of about 280 billion yen mainly at the Ohno Plant as part of this plan.

Ibiden Co., Ltd. resolved to offer 6,874,700 shares of common stock. The offering price is scheduled to be determined between March 4 and March 9, 2026. An overallotment of up to 1,031,100 shares is also set.

For the 3rd quarter of the fiscal year ending March 2026, net sales amounted to ¥298,621 million (10.5% increase YoY), operating income was ¥44,527 million (27.7% increase YoY), and net income attributable to owners of parent for the quarter was ¥31,000 million (25.0% increase YoY).

For the nine months ended March 2026, net sales amounted to 298.6021 billion yen (up 10.5% YoY), operating income was 44.527 billion yen (up 27.7% YoY), and quarterly net income attributable to owners of the parent was 31.0 billion yen (up 25.0% YoY).

For the third quarter of the fiscal year ending March 2026, net sales were JPY 298,621 million, up 10.5% year-over-year (YoY), operating income was JPY 44,527 million, up 27.7% YoY, while net income attributable to owners of the parent was not disclosed. A stock split took effect on January 1, 2026.

Plans to invest approximately 500 billion yen from fiscal 2026 through 2028 to expand production capacity of high-performance IC package substrates. Operations expected to start sequentially from fiscal 2027.

Ibiden Co., Ltd. has decided to apply to the tender offer for 2,763,000 ordinary shares of Toyota Industries Corporation it owns at 18,800 yen per share, totaling 51,944 million yen, and expects to record an extraordinary profit of 44,171 million yen in the fiscal year ending March 2026.