Japan Wool Textile announces share buyback after mixed Q3 results

The Japan Wool Textile Co., Ltd. (Nikke) announced an off-auction own share repurchase (ToSTNeT-3) on October 10, 2025, to acquire up to 2,000,000 shares of its common stock, representing 2.90% of outstanding shares (excluding treasury stock), for a total value not exceeding JPY 3,164,000,000. This buyback is based on a resolution from the board of directors meeting on May 28, 2025, which approved the acquisition of up to 2 million shares for JPY 3.2 billion. As of October 10, 2025, zero shares had been acquired under this resolution.

This announcement follows Nikke's consolidated financial results for the nine months ended August 31, 2025, showing net sales of JPY 87,092 million, an 8.0% increase year-on-year. Operating profit decreased by 1.6% to JPY 7,670 million, while ordinary profit rose by 3.8% to JPY 8,614 million. However, profit attributable to owners of parent declined by 17.2% to JPY 5,552 million. Basic earnings per share for the period were JPY 80.49.

The company's full-year consolidated forecast for fiscal year 2025 remains unchanged, projecting net sales of JPY 121,700 million, operating profit of JPY 11,300 million, and ordinary profit of JPY 12,000 million. Full-year dividends are projected to be JPY 42.00 per share.