#TodaCorporation

Toda Corporation announced the completion of cancellation of 4,651,100 shares of treasury stock (1.53% of the total issued shares) as of March 30, 2026.

On March 27, 2026, Toda Corporation disposed of 46,050 shares of treasury stock at ¥1,580.5 per share, totaling ¥72,782,025, to its domestic group employee stock ownership plan, and the payment procedures were completed.

Toda Corporation completed the acquisition of 4,651,100 shares of treasury stock (1.53% of total issued shares) on March 26, 2026, at approximately 7 billion yen, concluding the share buyback.

Toda Corporation has determined the terms and conditions for issuing stock acquisition rights by third-party allotment for share buyback with an upper limit of 4,651,100 potential shares, based on a board resolution dated March 25, 2026.

On March 26, 2026, treasury stock equivalent to 7 billion yen, totaling 4,651,100 shares (1.53% of the total outstanding shares), will be acquired via off-auction tender offer, with cancellation of all shares planned on March 30, 2026.

On March 23, 2026, 440,700 shares of treasury stock were disposed of at 1,580.5 yen per share, totaling 696,526,350 yen. The number of shares disposed decreased from the initial 443,700 shares due to retirements and other reasons.

For the third quarter of the fiscal year ending March 2026, consolidated net sales were JPY 460.206 billion (up 20.9% YoY), operating income was JPY 28.386 billion (up 135.6% YoY), and net income attributable to owners of parent was JPY 28.323 billion (up 101.5% YoY), reflecting a significant improvement in performance.

The consolidated operating income for the fiscal year ending March 2026 has been revised upward by 5.0% from the previous forecast to 31.5 billion yen, and net income attributable to owners of parent has been revised up by 2.1% to 29.0 billion yen. The dividend has been increased to an annual 45 yen.

Toda Corporation plans to acquire up to 7,000,000 shares (2.30% of the total issued shares) of treasury stock through market purchases from February 16, 2026 to March 31, 2026, with a total purchase amount not exceeding 7 billion yen, and all acquired shares will be cancelled.