Tokai Corp. announces share buyback, retirement, special dividend

Tokai Corp. announced its board's resolution to acquire up to 3.3 million treasury shares, representing 9.8% of outstanding shares, for a maximum of 7.59 billion yen. This acquisition, set for November 12, 2025, via the Tokyo Stock Exchange, aims to improve ROE and capital efficiency as part of its medium-term management plan through FY2028. The purchase price is fixed at 2,142 yen per share, based on the closing price of November 11, 2025.

The company further intends to retire all acquired treasury shares on November 28, 2025, to promote sustainable long-term shareholder value. This action is part of the company’s commitment to balanced growth investments and robust shareholder returns.

In addition to the share repurchase, Tokai Corp. also announced commemorative dividends of 10 yen per year, marking its 70th anniversary, and aims for a cumulative total payout ratio of 70% or higher under its three-year medium-term management plan (FY2026–FY2028). The company reported record-high net sales of 79.026 billion yen and operating profit of 4.436 billion yen for the six months ended September 30, 2025.