The Board of Directors resolved to cancel a portion of treasury shares. The number of shares to be cancelled is 15,472,050 shares, representing 2.28% of the total number of issued shares. The scheduled cancellation date is October 20, 2026. This follows an increase in held treasury shares due to repurchases conducted from April to August; the basic policy is to retain shares with clearly defined uses and cancel the portion exceeding that.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6988","jir_company_name":"Nitto Denko Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/6988-20260930-01.pdf","jir_short_summary":"The Board of Directors resolved to cancel a portion of treasury shares. The number of shares to be cancelled is 15,472,050 shares, representing 2.28% of the total number of issued shares. The scheduled cancellation date is October 20, 2026. This follows an increase in held treasury shares due to repurchases conducted from April to August; the basic policy is to retain shares with clearly defined uses and cancel the portion exceeding that.","jir_summary":"### Background and Resolution\nNitto Denko Corporation resolved on September 30, 2026 to cancel a portion of its treasury shares based on its basic policy regarding holding and cancellation of treasury shares. The decision follows an increase in held treasury shares resulting from share repurchases conducted from April to August. Specifically, 15,472,050 ordinary shares are scheduled to be cancelled. The cancellation date is October 20, 2026.\n\n### Impact and Future Policy\nThe total number of issued shares after the cancellation will be 663,187,650 shares. The cancellation is in line with the basic policy of retaining treasury shares that have clearly specified uses and cancelling the portion that exceeds those needs. This may contribute to mitigating shareholder dilution for investors.","jir_financial_highlights":"Number of shares to be cancelled: 15,472,050 shares (Unknown)\nTotal issued shares after cancellation: 663,187,650 shares (Provided for reference)\nCancellation ratio: 2.28% (Unknown)","jir_category":"","jir_hashtags":"#ShareBuybackAndCancellation, #DilutionMitigation","jir_key_figures":"Number of shares to be cancelled: 15,472,050 shares\nTotal issued shares after cancellation: 663,187,650 shares\nCancellation ratio: 2.28%","jir_meta_title":"Nitto Denko Corporation Decides on Cancellation of Treasury Shares | Scheduled for October 2026","jir_meta_description":"Nitto Denko Corporation announced the cancellation of a portion of its treasury shares. Number of shares to be cancelled: 15,472,050 shares; total issued shares after cancellation: 663,187,650 shares. The decision follows increased holdings from repurchases conducted April\u2013August, with the policy to retain shares with clear uses and cancel the excess.","jir_og_title":"Nitto Denko Corporation Decides on Cancellation of Treasury Shares | Scheduled for October 2026","jir_og_description":"Nitto Denko Corporation will cancel part of its treasury shares. Shares to be cancelled: 15,472,050 shares; total shares after cancellation: 663,187,650 shares. Note relevance to future dilution management.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7578,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-125355","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n