Koito Manufacturing completes JPY 23.4bn share buyback, progresses larger program

Koito Manufacturing Co., Ltd. announced on October 29, 2025, the completion of its own share acquisition via the Tokyo Stock Exchange's Off-Auction Own Share Repurchase Trading System (ToSTNeT-3). The company acquired 10,000,000 common shares at a total cost of JPY 23,415,000,000.

This latest acquisition contributes to a broader share repurchase program authorized by the board of directors on May 29, 2025. Under that resolution, Koito Manufacturing aims to acquire up to 37 million common shares (13.04% of total issued shares, excluding treasury shares) for a maximum aggregate cost of JPY 50 billion. The acquisition period for this larger program runs from June 2, 225, to May 29, 2026.

As of October 29, 2025, the cumulative number of shares acquired under the May 29, 2025, resolution stands at 16,409,400 shares, with an aggregate acquisition cost totaling JPY 35,826,230,200. This demonstrates significant progress in the ongoing share repurchase initiative.