Nishi-Nippon Railroad completes ¥4 bn share repurchase ahead of schedule

Nishi-Nippon Railroad Co., Ltd. concluded its treasury stock acquisition program on August 29, 2025, with a total of 164,500 common shares purchased during August 2025 at an aggregate cost of JPY 361,578,550. These market purchases on the Tokyo Stock Exchange complete the share repurchase plan initiated by a board of directors resolution on May 9, 2025.

The initial resolution authorized the repurchase of up to 2 million common shares, representing 2.57% of outstanding shares (excluding treasury stock), with a maximum acquisition cost of JPY 5.3 billion. The program was originally scheduled to run from May 12, 2025, to November 28, 2025.

Cumulatively, under the May 9, 2025 resolution, Nishi-Nippon Railroad repurchased the full 2,000,000 common shares, incurring a total acquisition cost of JPY 4,058,275,550. The completion of this program earlier than anticipated demonstrates the company's proactive capital management.