Tokai Corp completes share buyback, announces retirement of acquired shares

Tokai Corp announced the successful completion of its share repurchase program, acquiring 2,949,200 shares of common stock today via the Tokyo Stock Exchange's ToSTNeT-3 off-auction transaction. The total acquisition cost amounted to JPY 6,317,186,400. This buyback represents 8.7% of the company's total issued shares (excluding treasury shares) and concludes the program initiated on November 11, 2025.

The company also confirmed the retirement of all 2,949,200 acquired shares, which constitutes 8.2% of the total issued shares prior to retirement. The scheduled date for the retirement of these shares is November 28, 2025. This action aligns with the Board of Directors' resolution made on November 11, 2025, to acquire up to 3,300,000 shares for a maximum of JPY 7,590,000,000.