Nippon Ceramic plans share buyback amidst strong performance forecast

Nippon Ceramic Co., Ltd. announced a decision to repurchase up to 500,000 shares of its common stock, representing 2.33% of outstanding shares (excluding treasury stock), with a maximum aggregate acquisition price of JPY 1.5 billion. The buyback period is set from November 10, 2025, to January 30, 2026, through open market purchases on the Tokyo Stock Exchange. This strategic move aims to enhance capital efficiency, implement flexible capital policies, and improve shareholder returns, considering recent stock price levels and the company's financial status.

The company projects strong full-year consolidated results for December 2025, with net sales expected to reach JPY 27 billion, operating profit at JPY 6 billion, and ordinary profit at JPY 6.18 billion. These forecasts represent significant increases compared to the previous year, with net sales up 7.8% and operating profit up 20.9%. As of October 31, 2025, Nippon Ceramic held 5,749,595 treasury shares against 21,481,662 outstanding shares.

Third-quarter consolidated results for the period ended September 30, 2025, show net sales of JPY 20.785 billion, a 12.5% increase year-on-year, and operating profit of JPY 4.797 billion, up 32.3%. Ordinary profit also rose by 26.4% to JPY 5.088 billion, with net income attributable to owners of the parent significantly increasing by 96.6% to JPY 5.588 billion. These figures underscore the company's strong performance, driven by increased sales of automotive safety products and expanding security product offerings.