New Cosmos Electric announces off-auction share repurchase

New Cosmos Electric Co., Ltd. announced its board of directors resolved on September 10, 2025, to acquire its own shares through an off-auction own share repurchase transaction (ToSTNeT-3) on the Tokyo Stock Exchange. The company aims to improve capital efficiency and execute flexible capital policies in response to changes in the business environment.

The acquisition will involve common stock, totaling up to 220,000 shares, representing 1.78% of outstanding shares (excluding treasury shares). The total acquisition value will be up to JPY 668,800,000. The purchase price is set at JPY 3,040 per share, based on the closing price of September 10, 2025.

The company will place a buy order for the specified shares on September 11, 2025, at 8:45 AM, and the acquisition results will be announced after the transaction closes. As of June 30, 2025, New Cosmos Electric had 12,360,913 outstanding shares (excluding treasury shares) and held 200,087 treasury shares.