Nishikawa Rubber completes ¥7.4 bn treasury stock buyback

Nishikawa Rubber Co., Ltd. announced today the completion of its treasury stock acquisition through an off-hours, own-share repurchase transaction, as resolved by its board of directors on September 8, 2025. The company acquired 2,400,000 shares of its common stock for a total of ¥7,404,000,000. The acquisition date was September 9, 2025.

This repurchase aligns with Nishikawa Rubber's "Shareholder Return Policy" as outlined in its "2030 Global Medium-to-Long-Term Management Plan," published on February 10, 2025. The plan targets the acquisition of treasury stock equivalent to 6% of its total outstanding shares.

The company stated its intent to enhance capital efficiency and shareholder returns, accelerating the achievement of its stated goals. The maximum number of shares that could be acquired was 2,400,000 shares, representing 6.21% of outstanding shares (excluding treasury stock), with a maximum acquisition value of ¥7,404,000,000.