Nippon Corporation completes initial phase of share buyback

Nippon Corporation, listed on the Prime Market of the Tokyo Stock Exchange, has acquired 101,200 of its own shares for a total cost of JPY 239,187,495. This initial acquisition was executed via market purchase on the Tokyo Stock Exchange between November 25, 2025, and November 30, 2025, aligning with a resolution from its board of directors meeting on October 14, 2025.

The share buyback program allows for the acquisition of up to 2,200,000 shares, representing 2.61% of total outstanding shares, with a maximum total purchase amount of JPY 4,000 million. The overall acquisition period spans from November 25, 2025, to March 31, 2026.

This announcement reflects the cumulative number of shares acquired to date under the program, with the company continuing to fulfill its board-approved resolution to repurchase its common stock.