FilingReader Intelligence

Solasto announces 1.4bn yen buyback amid strong Q1 results

August 12, 2025 at 12:08 PM UTCBy FilingReader AI

Solasto Corporation announced a stock buyback of up to 4.4 million shares worth 1.4 billion yen, running from August 2025 to May 2026.

First-quarter net sales rose 2.4% to 34.9 billion yen, while net income surged 34.5% to 1.1 billion yen. The company will spin off its children's business into new subsidiary Solasto KIDS NEXT Corporation in April 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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