Koito Manufacturing Co., Ltd.

2026/03/03 Updated
Market Cap: $4.8B (¥747.7B)
Stock Price: $17.90 (¥2,797)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Share Buyback through Off-Auction Own Share Repurchase Transaction (ToSTNeT-3) (Acquisition of Treasury Stock Based on Provisions of Article 165, Paragraph 2 of the Companies Act)

Scheduled acquisition of 3,900,000 shares of treasury stock amounting to a total of 11,001,900,000 yen via off-auction own share repurchase transaction (ToSTNeT-3) on March 2, 2026.

Importance:
Page Updated: February 27, 2026
IR Disclosure Date: February 27, 2026

Key Figures

  • Number of shares to be acquired: 3,900,000 shares (scheduled for 2026-03-02)
  • Total acquisition price: 11,001,900,000 yen
  • Acquisition limit: 37 million shares, 50 billion yen (Board resolution on 2025-05-29)

AI要約

Overview of Share Buyback

Koito Manufacturing Co., Ltd. has decided to acquire 3,900,000 shares of treasury stock at a total price of 11,001,900,000 yen through an off-auction own share repurchase transaction (ToSTNeT-3) on March 2, 2026, aiming for sustainable growth and enhanced shareholder returns. The shares to be acquired are common shares, and the repurchase will be conducted during the trading hours of the Tokyo Stock Exchange on the same day.

Impact on Shareholders and Background of the Acquisition Plan

This acquisition is based on a resolution of the Board of Directors dated May 29, 2025, utilizing part of the buyback program authorizing up to 37 million shares and a total of 50 billion yen. Depending on market conditions, some or all of the shares may not be acquired, but the program is implemented as part of efforts to enhance shareholder value and return profits. The results of the acquisition will be disclosed after the close of trading on March 2, 2026.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.