Giken announces share buyback, dividend policy update, and mid-term plan revision

Giken announced a resolution by its Board of Directors on October 10, 2025, to acquire up to 1,380,000 common shares, representing 5.22% of issued shares, at a maximum cost of 2,000 million yen. This buyback will occur from October 14, 2025, to May 31, 2026. Concurrently, the company will cancel 1,120,000 treasury shares on October 31, 2025, and all shares acquired under the new program by June 30, 2026, to improve capital efficiency and shareholder returns.

In a related development, Giken updated its dividend policy, effective from the fiscal year ending August 31, 2026. While maintaining a consolidated dividend payout ratio of 40% as a guideline, it introduced a dividend on equity ratio (DOE) of 3.5% as a minimum indicator to ensure stable dividends. The company forecasts a full-year dividend of 54 yen per share for FY2026.

Additionally, Giken revised its Mid-Term Management Plan targets for FY August 2027. Consolidated net sales are now projected between 30,000 million yen and 33,000 million yen (down from 36,000 million yen), while operating profit is expected to be 3,200 million yen and above (down from 4,900 million yen). Overseas sales targets increased to 7,500 million yen and above (from 6,500 million yen), and ROE is adjusted to 6.0% and above (from 8.5%).