Conan Trading Co., Ltd. completes share buyback｜July 16, 2026

Overview of Capital Policy

Conan Trading Co., Ltd. completed the disposal of treasury shares through a third-party allotment on July 16, 2026, transferring 719,400 shares to Valor Holdings Inc. for approximately 3 billion yen. As a result, the number of treasury shares after disposal is 5,794,764 shares, as part of their capital policy to enhance shareholder value and improve capital efficiency. The disposal was executed at 4,170 yen per share, totaling approximately 30 billion yen, and was completed as planned.

Impact on Shareholders and Future Outlook

The disposal of treasury shares increased the number of treasury shares but aims to strengthen capital efficiency and financial soundness. Going forward, the company plans to continue managing its shares prudently and securing funds as part of their capital policy to enhance shareholder value. The dilution effect from the disposal is limited, and investors are expected to view this as a stable component of capital management.