Sanken Electric completes share buyback, plans significant cancellation

Sanken Electric Co., Ltd. announced on September 17, 2025, the completion of its own share acquisition program and plans to cancel these shares. The company acquired 279,900 shares of common stock for a total of JPY 2,224,981,900 between September 1 and September 16, 2025, through market purchases on the Tokyo Stock Exchange.

The company will cancel a total of 4,172,700 shares of common stock on October 3, 2025. This amount represents 16.6% of the outstanding shares before cancellation and includes all shares acquired under the resolution passed on November 29, 2024.

According to the November 29, 2024, resolution, Sanken Electric had aimed to acquire up to 6,000,000 shares, representing 24.8% of outstanding shares (excluding treasury shares), with a maximum total acquisition cost of JPY 30 billion. The cumulative acquisition as of September 16, 2025, totaled 4,172,700 shares for JPY 29,999,335,900. After cancellation, the outstanding shares will be 20,925,360, with 875,766 shares of treasury stock remaining as of August 31, 2025.