Kokuyo to cancel 22 million treasury shares

Kokuyo Co. Ltd. announced on November 27, 2025, a resolution by its board of directors to cancel 22,000,000 shares of its common stock. This cancellation, effective December 25, 2025, represents 4.75% of the total issued shares, including treasury shares, before the cancellation. Following the cancellation, the total number of issued shares will be 440,969,852 shares.

The company's policy on treasury shares, as outlined in its fourth medium-term plan's financial and capital strategies, is to maintain treasury shares below 2% of the total issued shares. Any shares exceeding this guideline will be canceled on an ongoing basis. This move aligns with Kokuyo's strategic approach to capital management.