Kintetsu Department Store reports november share sales under trust

Kintetsu Department Store announced on December 1, 2025, the status of its share sales carried out through a supply and demand buffering trust. The company sold 68,900 shares of its ordinary stock for a total of JPY 130,764,994. These sales occurred between November 1, 2025, and November 30, 2025, on an agreement basis, via the exchange's open market.

The trust was established following a board of directors' resolution on October 11, 2024, which approved a maximum of 2,000,000 shares of ordinary stock to be sold. The trust period spans from October 11, 2024, to October 9, 2026, with sales also conducted on the exchange's open market. As of November 30, 2025, the cumulative number of shares sold under this trust totals 1,386,000 shares, generating cumulative proceeds of JPY 2,740,346,377.

The company initially acquired 1,758,900 shares of its ordinary stock, as publicly announced on October 15, 2024, to be held within this trust. The "Stock Supply and Demand Buffering Trust" is a registered trademark of Nomura Securities Co., Ltd.