Marui Group concludes share buyback, falling short of targets

Marui Group Co., Ltd. completed its treasury stock acquisition program, acquiring 316,900 shares of common stock for JPY 941,503,850. The acquisition took place through market purchases on the Tokyo Stock Exchange from November 1 to November 15, 2025. The company stated the program concluded without reaching the maximum limits set for either the total number of shares or the total acquisition price.

This completed program was based on a resolution passed by the board of directors on May 13, 2025. Under this resolution, the company was authorized to acquire up to 10 million shares, representing 5.57% of outstanding shares (excluding treasury stock), for a total value not exceeding JPY 20 bn. The acquisition period for the program was initially set from June 1 to November 15, 2025.

As of November 15, 2025, the cumulative total of shares acquired under this board resolution reached 1,226,100 shares, representing a progress rate of 12.26%. The total cumulative acquisition value amounted to JPY 3,640,293,700, reflecting a progress rate of 18.20% against the authorized limit. The company's decision to acquire shares was primarily driven by a belief that future profitability was not adequately reflected in the stock price.