Okamoto Industries begins share repurchase program

Okamoto Industries, Inc. announced on December 1, 2025, the commencement of its share repurchase program, following a resolution passed at its board of directors meeting on November 7, 2025. This program is in accordance with Article 165 (2) of the Companies Act. As of November 30, 2025, the company had not yet acquired any shares, with the total number of shares repurchased standing at 0 and the total acquisition cost at JPY 0.

The board approved a maximum repurchase of 190,000 common shares, representing 1.11% of the total outstanding shares (excluding treasury shares), with a maximum acquisition cost of JPY 1,000,000,000. The repurchase period is set to run from November 10, 2025, to September 30, 2026.

The interim report covers the period from November 10, 2025, to November 30, 2025, during which no shares were acquired. This initial phase marks the beginning of the company's efforts to enhance shareholder value through strategic capital management.