Neturen Co., Ltd., together with its subsidiaries, manufactures and sells steel bars in Japan and internationally. It operates through Specialty Steel and Wire Products, Induction Heating, and Others segments. The company offers prestressed concrete (PC) steel bars, deformed PC steel bars, and shear reinforcement products for civil engineering and construction applications; high-strength spring steel wire (ITW) products for the use in suspension springs for automobiles and two-wheeled vehicles; automotive parts; construction machine parts; machining equipment; and pre-hardened wires. It is also involved in the manufacturing and sale of induction heating equipment and high-frequency hardening equipment; contract processing, manufacturing, and sale of high-frequency quenching of machine parts, etc.; provision of induction heat treatment services for critical safety parts of automobiles and machining equipment, etc.; and development of technical products business. In addition, the company leases movables and real estate properties. Neturen Co., Ltd. was incorporated in 1940 and is headquartered in Tokyo, Japan.
Neturen (code 5976, TSE Prime) board resolved on May 13, 2026 to repurchase up to 1.897 million shares (5.81% of outstan…
Summary
Neturen (code 5976, TSE Prime) board resolved on May 13, 2026 to repurchase up to 1.897 million shares (5.81% of outstanding shares) for a maximum aggregate consideration of JPY 2 billion through open market purchases and ToSTNeT-3 trades between May 14, 2026 and March 31, 2027. The buyback supports capital allocation strategy under the NETUREN VISION 2030 long-term plan and Medium-Term Plan 16 (Aggressive Challenge One NETUREN 2026), targeting ROE of 8.0%, PBR above 1.0x, and enhanced shareholder returns while improving capital efficiency.
Deadline: 2027-03-31% of Shares: 5.8%Shares: 1,897,000
自己株式取得に係る事項の決定に関するお知らせ（会社法第165条第２項の規定による定款の定めに基づく自己株式の取得）
TDnet PDF
2026-05-13
15:30
Div Increase
¥1.2B ¥38.0/sh+46%
Neturen (Koushuuha Neturen) announced a final dividend of ¥38 per share for fiscal year ended March 31, 2026, representi…
Summary
Neturen (Koushuuha Neturen) announced a final dividend of ¥38 per share for fiscal year ended March 31, 2026, representing a 46.2% increase from ¥26 in the prior year. Total dividend payout is ¥1,238 million. The company maintains a dividend policy targeting a dividend on equity (DOE) of 4.0% or higher while balancing strategic investments and stable operations.