Nichiha Corporation reports share repurchase progress

Nichiha Corporation (TSE:7943) announced on July 4, 2025, that it has acquired 187,300 of its own common shares in June, at a total cost of JPY 563,906,500. This repurchase, conducted on the Tokyo Stock Exchange between June 1 and June 30, 2025, is part of a larger plan approved by the board of directors on May 13, 2025. The initial resolution authorized the company to repurchase up to 1 million shares, representing 2.94% of its outstanding shares, for a maximum total amount of JPY 2.5 billion between May 14 and November 10, 2025. As of June 30, 2025, Nichiha has cumulatively repurchased 337,400 shares at a total cost of JPY 1,016,741,500 under this program. The repurchases are aimed at improving shareholder returns and capital efficiency, aligning with the company's First Medium-Term Management Plan and allowing for flexible capital policies in response to the evolving business environment.