{"id":35327,"date":"2026-03-18T16:38:41","date_gmt":"2026-03-18T07:38:41","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3865-20260318-02_wp_share_buyback\/"},"modified":"2026-03-18T16:38:41","modified_gmt":"2026-03-18T07:38:41","slug":"3865-20260318-02_wp_share_buyback","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/","title":{"rendered":"Notice Regarding Share Buyback, Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3), and Cancellation of Treasury Stock (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)"},"content":{"rendered":"<p>Plans to repurchase 10,000,000 shares of treasury stock (5.92% of total issued shares) with a cap of 10.7 billion yen on March 19, 2026, and to cancel 15,000,000 shares on March 26, 2026.<\/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,"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":"3865","jir_company_name":"Hokuetsu Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-18","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3865-20260318-02.pdf","jir_short_summary":"Plans to repurchase 10,000,000 shares of treasury stock (5.92% of total issued shares) with a cap of 10.7 billion yen on March 19, 2026, and to cancel 15,000,000 shares on March 26, 2026.","jir_summary":"### Overview of Capital Policy\nHokuetsu Corporation has decided to execute a share buyback to mitigate market impact related to the sale of shares by major shareholder Daio Kaiun Co., Ltd., and to improve capital efficiency as part of building a capital relationship with Daio Paper Corporation, with whom it is deepening strategic business alliances. The buyback will be conducted on March 19, 2026, through the Tokyo Stock Exchange\u2019s off-auction own share repurchase trading platform (ToSTNeT-3) with an upper limit of 10,000,000 shares and a maximum purchase price of 10.7 billion yen. Furthermore, it plans to cancel 15,000,000 shares of treasury stock it currently holds in addition to shares acquired through this repurchase on March 26, 2026.\n\n### Impact on Shareholders and Future Outlook\nBy repurchasing approximately 5.92% of the total issued shares from the market, the number of shares outstanding will decrease, which is expected to enhance capital efficiency. Daio Kaiun may continue to hold a portion of its shares, and there is also a plan to transfer shares to Daio Paper. These actions contribute to establishing an equitable capital relationship between the two companies and are positioned as a capital policy to flexibly respond to changes in the management environment.","jir_financial_highlights":"Maximum Number of Shares for Share Buyback: 10,000,000 shares (Represents 5.92% of total issued shares (excluding treasury stock))\nMaximum Amount for Share Buyback: 10.7 billion yen (Unknown)\nNumber of Shares Scheduled for Cancellation: 15,000,000 shares + acquired shares (Unknown)","jir_category":"","jir_hashtags":"#HokuetsuCorporation, #ShareBuyback, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Maximum Number of Shares for Share Buyback: 10,000,000 shares (5.92% of total issued shares)\nMaximum Amount for Share Buyback: 10.7 billion yen\nNumber of Shares Scheduled for Cancellation: 15,000,000 shares + acquired shares (scheduled cancellation on March 26, 2026)","jir_meta_title":"Hokuetsu Corporation Announces 10 Million Shares Buyback and 15 Million Shares Cancellation Valued at 10.7 Billion Yen","jir_meta_description":"Hokuetsu Corporation plans to repurchase up to 10,000,000 shares of treasury stock with a cap of 10.7 billion yen and cancel 15,000,000 shares on March 26, 2026. This measure aims to improve capital efficiency in line with the deepening capital alliance with Daio Paper.","jir_og_title":"Hokuetsu Corporation Announces Share Buyback and Cancellation","jir_og_description":"Plans to repurchase 10,000,000 shares at 10.7 billion yen and cancel 15,000,000 shares to enhance capital efficiency in an important capital policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9134,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-35327","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Share Buyback, Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3), and Cancellation of Treasury Stock (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/\",\"name\":\"Notice Regarding Share Buyback, Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3), and Cancellation of Treasury Stock (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act) - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-03-18T07:38:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3865\/ir\/3865-20260318-02_wp_share_buyback\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Share Buyback, Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3), and Cancellation of Treasury Stock (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Share Buyback, Purchase of Treasury Stock through Off-Auction Own Share Repurchase Trading (ToSTNeT-3), and Cancellation of Treasury Stock (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act) - 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