【Kodensha】Share Buyback of 236,560 Shares｜2026-09-28

Overview of Capital Policy

Kodensha, following the approval at the Extraordinary General Meeting scheduled for August 25, 2026, which approved the stock consolidation and amendments to the Articles of Incorporation, has resolved to cancel 236,560 shares of treasury stock on September 28, 2026. This will bring the total issued shares to 8,733,440. The share buyback aims to enhance shareholder value and improve capital efficiency, preventing stock dilution. The canceled shares correspond entirely to the treasury stock owned by the company and will be implemented concurrently with the effective date of the stock consolidation.

Impact on Shareholders and Future Outlook

The cancellation of treasury stock will decrease the number of outstanding shares, potentially improving per-share net assets and earnings indicators. This is expected to increase shareholder equity value and improve stock liquidity. The company plans to continue promoting capital policies as part of its capital efficiency and shareholder return initiatives, aiming to create an attractive stock environment for investors.