Tomoe Engineering sets share offering price, details repurchase program

Tomoe Engineering Co., Ltd. has announced the selling price for its secondary offering of common stock at JPY 1,603 per share, totaling JPY 2,866,965,500. Underwriters will purchase the shares at JPY 1,528.61 per share, for a total of JPY 2,733,918,985. The share delivery date for this offering, and an over-allotment of 268,200 shares at the same selling price totaling JPY 429,924,600, is set for Tuesday, October 14, 2025.

Concurrently, Tomoe Engineering detailed a share repurchase program, as resolved by its board of directors on September 26, 2025. The repurchase period is scheduled from Wednesday, October 15, 2025, through Thursday, April 30, 2026. The company plans to repurchase up to 600,000 shares, representing approximately 2.00% of outstanding shares (excluding treasury shares), with a maximum total purchase price of JPY 900,000,000. These shares will be acquired through market purchases on the Tokyo Stock Exchange Inc.