Notice Regarding the Status of Share Buyback (Share Buyback Based on the Provision of Article 165, Paragraph 2 of the Companies Act)

Overview of Share Buyback

Nihon Kohden Corporation has conducted share buyback based on the resolution of the Board of Directors dated December 3, 2025, applying the provisions of Article 156 of the Companies Act by analogy with Article 165, Paragraph 3 of the same law. Between February 1 and February 28, 2026, the Company acquired 1,052,800 shares of treasury stock through market purchases under a discretionary trading agreement on the Tokyo Stock Exchange, totaling JPY 1,792,151,600. The shares acquired are common shares of the Company. The Board of Directors resolved a maximum of 3,800,000 shares to be acquired with an upper limit of JPY 5 billion on the acquisition price, and the acquisition period is set from December 4, 2025 to March 31, 2026.

Impact on Shareholders and Future Outlook

As of February 28, 2026, the cumulative number of shares acquired is 1,771,000 shares, totaling JPY 2,899,975,100. The shares acquired are within the maximum of 3,800,000 shares, representing approximately 2.33% of the total issued shares. The Company may continue share buybacks depending on market conditions and capital policy. The share buyback is aimed at enhancing shareholder value and improving capital efficiency and is an important part of shareholder return measures.