Osaki Electric completes treasury share cancellation, reduces outstanding shares

Osaki Electric Co., Ltd. officially completed the cancellation of its treasury shares on September 30, 2025, as resolved by its board of directors on September 16, 2025. This action was taken in accordance with Article 178 of the Companies Act.

The company cancelled 1,350,000 shares of its common stock. This figure represents 2.80% of the total outstanding shares prior to the cancellation.

Following this strategic move, the total number of outstanding shares for Osaki Electric now stands at 46,917,180 shares. The announcement was made by Yoshihide Watanabe, chairman and chief executive, and inquiries can be directed to Ryuichi Ueno, managing executive officer and general manager of the Group Management Headquarters.