Yamato Kogyo announces share buyback, cancellation, and revised forecasts

Yamato Kogyo Co., Ltd. announced a resolution to acquire up to 1,000,000 common shares, representing 1.61% of total issued shares (excluding treasury shares), for a maximum of 12 billion yen between November 4, 2025, and March 24, 2026. Concurrently, the company will cancel 3,000,000 common shares, or 4.62% of issued shares before cancellation, on November 17, 2025, reducing the total issued shares to 62,000,000. These actions are part of an agile capital policy.

The company also revised its consolidated earnings forecast for the fiscal year ending March 31, 2026, upward. Net sales are now projected at 156 billion yen (up 9 billion yen from previous forecast), operating profit at 3.5 billion yen (up 1.5 billion yen), and ordinary profit at 56 billion yen (up 6 billion yen). Profit attributable to owners of parent is expected to reach 38 billion yen (up 4 billion yen). This revision reflects better-than-expected performance in the second quarter, primarily driven by domestic subsidiaries and reduced foreign exchange losses due to a weaker yen.

Additionally, Yamato Kogyo announced the resignation of director Tomofumi Osaki, managing executive officer, effective October 31, 2025, due to personal reasons. The company confirmed that the number of directors will still meet legal and associational requirements.