Nissha announces treasury stock cancellation to boost shareholder value

Nissha Co., Ltd. announced on November 21, 2025, its decision to cancel 2,839,538 shares of its common stock. This cancellation, approved by the board of directors, represents 5.58% of the total common shares issued before the cancellation. The move is intended to address concerns regarding future stock dilution and improve the company's free float ratio, according to the official notice.

The cancellation is scheduled to take effect on December 4, 2025. As of September 30, 2025, Nissha held 2,840,538 treasury shares, with the total number of common shares issued (excluding treasury stock) standing at 48,015,100 shares.

The announcement was made by Junya Suzuki, chairman of the board and group chief executive, with Daisuke Inoue, senior executive vice president and interim chief financial officer, listed as the contact for inquiries.