Nifco nears halfway mark in share buyback program

Nifco Inc. has released an update on its treasury share acquisition program, reporting the purchase of 655,000 shares for a total of JPY 2,999,892,493. The shares were acquired through market purchases on the Tokyo Stock Exchange between November 4, 2025, and November 30, 2025.

This current acquisition represents a substantial portion of the company's approved buyback plan. The resolution, passed on October 31, 2025, authorized the acquisition of up to 1.25 million shares, or JPY 5 billion, by January 28, 2026. This translates to a maximum of 1.32% of outstanding shares (excluding treasury shares).

As of November 30, 2025, Nifco has utilized approximately 52.4% of the maximum number of shares and about 60% of the maximum monetary value authorized for the buyback.