Mabuchi Motor stock reports midyear profit above forecast

Mabuchi Motor stock was trading at JPY 1,723 on the Tokyo Stock Exchange on September 24, 2026 at 2:07 p.m. JST, up 0.94 percent from the previous close. The stronger operating picture comes after the company reported six-month sales and profit above its own forecasts for the period ended June 30, 2026.

Midyear sales beat the forecast

The Globe and Mail reported on September 7, 2026, that Mabuchi Motor generated net sales of JPY 106.384 billion in the first half, compared with a company forecast of JPY 104.6 billion. The result was JPY 1.784 billion above the forecast, or 1.7 percent higher.

Operating income reached JPY 13.147 billion, versus a forecast of JPY 12.8 billion. Ordinary income came in at JPY 18.891 billion, 31.2 percent above the forecast, while profit attributable to owners of the parent was JPY 12.693 billion, 19.8 percent above the company target.

Foreign exchange lifts profitability

The six-month figures show why currency movements matter for Mabuchi Motor. The company said a weaker yen and foreign exchange gains supported profitability, giving its internationally distributed motor business additional earnings leverage during the first half of fiscal year 2026.

Capital allocation is also becoming more visible. According to Japan IR, Mabuchi Motor bought 2,302,200 shares for JPY 3.9506743 billion between August 1 and August 31, 2026. Cumulative purchases reached 9,994,000 shares for JPY 16.11578995 billion against a program ceiling of 24 million shares and JPY 19 billion.

Dividend policy sets a new floor

The Globe and Mail reported on September 4, 2026, that Mabuchi Motor lifted its dividend-on-equity target to 3.0 percent to 5.0 percent from 3.0 percent to 4.0 percent. The policy also sets a 5.0 percent DOE payout when return on equity falls below 10 percent or the price-to-book ratio drops below 1.0.

For investors, the combination of forecast-beating first-half results, buybacks and a wider dividend framework creates three measurable channels for shareholder returns. The stock's 52-week range was JPY 1,247.50 to JPY 1,907 as of September 24, 2026, placing the current quote 9.6 percent below the yearly high.

Stock trades below its yearly high

Mabuchi Motor was trading at JPY 1,723 on the Tokyo Stock Exchange on September 24, 2026 at 2:07 p.m. JST, with a market capitalization of JPY 423,278,785,982 and a daily gain of 0.94 percent. The company manufactures small electric motors used in automotive equipment, consumer products and industrial devices.