Isetan Mitsukoshi completes share buyback, cancels treasury shares

Isetan Mitsukoshi Holdings Ltd. announced the completion of its share acquisition program and the subsequent cancellation of treasury shares.

For October 2025, the company acquired 374,500 common shares for JPY 1,000,384,050 through market purchases on the Tokyo Stock Exchange between October 1 and October 6, 2025. This acquisition marks the end of the buyback program initiated by a Board of Directors resolution on May 13, 2025.

Under the May 13, 2025 resolution, Isetan Mitsukoshi aimed to acquire up to 20,000,000 common shares (5.5% of total issued shares, excluding treasury shares) with a maximum cost of JPY 30,000,000,000 between May 14, 2025, and October 31, 2025. Cumulatively, as of October 6, 2025, the company acquired 12,867,100 shares for a total of JPY 29,999,855,050.

All 12,867,100 treasury common shares acquired under the completed program will be cancelled on November 14, 2025, as resolved by the Board of Directors on May 13, 2024.