Toyo Electric Manufacturing completes off-hours treasury stock repurchase

Toyo Electric Manufacturing Co., Ltd. today announced the results of its off-hours share repurchase trading (ToSTNeT-3), completing the acquisition of 40,800 shares of its common stock on October 16, 2025. The total acquisition cost for these shares was JPY 75,480,000. This move aligns with the company's objective to enhance shareholder returns and improve capital efficiency.

The acquisition was executed through off-hours share repurchase trading on the Tokyo Stock Exchange. This recent purchase contributes to the cumulative treasury stock acquired under a board resolution from January 14, 2025.

As of October 16, 2025, the cumulative total of treasury shares acquired under the aforementioned board resolution stands at 186,800 shares, with a total acquisition value of JPY 281,145,000. The resolution initially authorized the acquisition of up to 300,000 shares, representing 3.3% of outstanding shares (excluding treasury shares), with an upper limit of JPY 300,000,000, between January 15, 2025, and December 30, 2025.