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Comsys Holdings expands share buyback, cancels shares, launches employee stock plan

November 7, 2025 at 12:10 PM UTCBy FilingReader AI

Comsys Holdings Corporation announced on November 7, 2025, an expansion of its share repurchase program. The company will now acquire up to 4 million shares, an increase from 3.2 million shares, with a total acquisition cost ceiling of 10 billion yen, up from 8 billion yen. The acquisition period remains from May 12, 2025, to March 31, 2026. This move aims to enhance capital efficiency and shareholder returns. Additionally, Comsys resolved to cancel 15 million treasury shares, representing 11.27% of its issued shares before cancellation, with a scheduled cancellation date of March 31, 2026.

Complementing these actions, Comsys Holdings is introducing a share delivery system for its employees, leveraging a share delivery trust. This plan, expected to be implemented by March 2026, aims to boost employee engagement and align their contributions with company performance by delivering company shares or cash equivalents after retirement.

The company also released its consolidated financial results for the second quarter ended September 30, 2025, showing net sales of 270,366 million yen, operating profit of 18,041 million yen, and ordinary profit of 18,832 million yen. Profit attributable to owners of parent reached 12,655 million yen, indicating a 16.7% year-on-year increase. The full fiscal year earnings forecast for March 31, 2026, remains unchanged.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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