Kokuyo Co., Ltd.
Notification Regarding Status and Completion of Share Buyback (Share Buyback Based on Provisions of Article 459, Paragraph 1 of the Companies Act)
Kokuyo Co., Ltd. acquired 2,063,300 shares of treasury stock totaling 1,924,379,580 yen from December 1 to December 19, 2025, and completed the acquisition based on the Board of Directors resolution dated February 14, 2025.
Key Figures
- Number of shares acquired: 2,063,300 shares
- Acquisition cost: 1,924,379,580 yen
- Acquisition period: 2025-12-01 to 2025-12-19
- Purpose of acquisition: Shareholder returns and capital efficiency improvement
AI要約
Overview of Share Buyback
Kokuyo Co., Ltd. acquired 2,063,300 shares of its common stock on the Tokyo Stock Exchange by market purchase at a total cost of 1,924,379,580 yen during the period from December 1 to December 19, 2025, based on Article 459, Paragraph 1 of the Companies Act and Article 34 of the Articles of Incorporation. With this acquisition, the share buyback authorized by the Board of Directors resolution on February 14, 2025, has been completed. The original Board resolution set the maximum number of shares to be acquired at 34 million shares (7.5% of outstanding shares), the maximum acquisition value at 20 billion yen, and the acquisition period from April 16 to December 31, 2025.
Background and Purpose of Acquisition
This share buyback was conducted as part of shareholder returns. It is a component of capital policy following a stock split, aiming to improve capital efficiency. Market purchases were made within the appropriate share quantity and acquisition price range as resolved by the Board of Directors, with the goal of maximizing shareholder value.
