Kintetsu Department Store reports progress on share sales

Kintetsu Department Store, Inc. announced the latest status of its share sales initiated through a share supply-demand buffer trust. As of October 1, 2025, the company reported the sale of 104,800 shares of its common stock, generating a total of JPY 209,924,091. These sales occurred between September 1, 2025, and September 30, 2025 (settlement basis), through transactions on the exchange's open market.

The share supply-demand buffer trust was established based on a resolution from the board of directors' meeting held on October 11, 2024. The board approved the acquisition of up to 2,000,000 shares of common stock for the trust, with a trust period spanning from October 11, 2024, to October 9, 2026. The trust acquired 1,758,900 shares of the company's common stock as of October 15, 2024.

Cumulatively, as of September 30, 2025, the trust has sold 1,205,900 shares based on the board's resolution and the trust's setup, totaling JPY 2,393,521,093. "Share Supply-Demand Buffer Trust" is a registered trademark of Nomura Securities Co., Ltd.