Kanamoto boosts shareholder returns with buyback and increased dividend

Kanamoto's board has authorized the acquisition of up to 900,000 common shares, or 2.58% of outstanding shares (excluding treasury shares), with a maximum price of JPY 3.0 bn. This buyback program, effective from December 8, 2025, to June 30, 2026, aims to enhance shareholder returns, improve capital efficiency, and provide flexibility for future capital policies.

Concurrently, Kanamoto has revised its dividend forecast for the fiscal year ending October 31, 2025, increasing the year-end dividend by JPY 5.00 from JPY 45.00 to JPY 50.00 per share. This adjustment brings the total annual dividend to JPY 95.00 per share. This decision reflects the company’s strong performance, with net sales for fiscal year 2025 increasing by 2.9% to JPY 213,266 m, operating profit by 19.2% to JPY 17,369 m, and profit attributable to owners of parent by 21.8% to JPY 10,977 m.

For the fiscal year ending October 31, 2026, Kanamoto forecasts continued growth, with net sales of JPY 221,000 m (up 3.6%), operating profit of JPY 18,700 m (up 7.7%), and profit attributable to owners of parent of JPY 11,400 m (up 3.9%). The company projects an annual dividend of JPY 100.00 per share for the upcoming fiscal year.