Ocean System completes share buyback program via ToSTNeT-3

Ocean System Corporation announced the results of its own share acquisition through off-hours trading (ToSTNeT-3), confirming the purchase of 37,800 shares of common stock on November 18, 2025. This acquisition, priced at 1,408 yen per share, represents 0.41% of the total outstanding shares (excluding treasury shares). The company previously resolved on November 14, 2025, to acquire up to 40,000 shares, with a total acquisition cost not exceeding 60,000,000 yen, by December 31, 2025.

Subsequently, Ocean System issued a correction to its initial announcement. The corrected information clarified that the total acquisition cost for the 37,800 shares purchased was 53,222,400 yen. The correction also stated that with this latest acquisition, the share buyback program based on the resolution of the Board of Directors meeting held on November 14, 2025, has been completed.

The company's motivation for the share repurchase was to enhance shareholder returns and maintain a flexible capital policy in response to changes in the management environment.