Noritz Corporation
Notice Regarding the Decision on Matters Related to Share Buyback (Share Acquisition Based on the Provision of Article 165, Paragraph 2 of the Companies Act)
Noritz Corporation has resolved to acquire up to 550,000 ordinary shares (approximately 1.2%) through market purchases totaling 1 billion yen from February 12, 2026, to December 31, 2026, aiming to improve capital efficiency and enhance shareholder returns.
Key Figures
- Total Number of Shares to Be Acquired: 550,000 shares (upper limit)
- Total Acquisition Price of Shares: 1 billion yen (upper limit)
- Acquisition Period: From February 12, 2026, to December 31, 2026
AI要約
Overview of Capital Policy
Noritz Corporation has resolved to acquire treasury stock aiming to improve capital structure, enhance capital efficiency, and strengthen shareholder returns. The shares to be acquired are the company's ordinary shares, with an acquisition limit set at 550,000 shares and a total acquisition price capped at 1 billion yen. The acquisition period is from February 12, 2026, to December 31, 2026, and the acquisition method will be market purchases on the Tokyo Stock Exchange.
Impact on Shareholders and Current Status
This share buyback corresponds to approximately 1.2% of the total issued shares excluding treasury shares. As of December 31, 2025, the number of treasury shares held was 2,828,129 shares. The acquisition is expected to improve capital efficiency and strengthen shareholder returns. The specified number of shares and acquisition amount are upper limits, and the actual acquisition status may vary depending on market conditions.
