Progress of Share Buyback | May 2026

Overview of Capital Policy

Noritz Corporation is proceeding with share buyback based on the Board of Directors resolution dated February 10, 2026. This interim report announces that 19,900 shares (total amount of 46.95 million yen) were acquired through market purchases in May 2026. The cumulative total is 66,100 shares (total amount of 155.48 million yen), and the transactions took place on an executed basis from May 1 to May 31, 2026. The maximum number of shares to be repurchased is 550,000 shares, with a total cap of 1 billion yen.

Impact on Shareholders and Future Outlook

This share buyback aims to enhance shareholder value and improve capital efficiency, and further purchases are under consideration. The total acquired shares continue to be disclosed, reflecting the intention to prevent share dilution and support the stock price as part of the company's capital policy. Specific future acquisition plans and more detailed capital policy strategies have not been announced, but the company will continue to monitor market conditions and implement the buyback at appropriate timings.