Raito Kogyo to cancel 2.49m treasury shares

Raito Kogyo Co. announced on December 17, 2025, that it will cancel 2,497,100 of its common shares on January 30, 2026. This cancellation follows the company's treasury share acquisition, which concluded on November 20, 2025, and represents 5.49% of the total shares outstanding before cancellation, reducing the outstanding shares to 42,970,450.

The treasury share acquisition was resolved at a board of directors meeting on February 6, 2025, under Article 156 of the Companies Act of Japan. The company had aimed to acquire up to 3,300,000 common shares, representing 7.29% of outstanding shares (excluding treasury shares), with a maximum cost of JPY 7 billion. The acquisition period ran from February 7, 2025, to December 30, 2025, through market purchases under discretionary trading agreements.

The cancellation of all acquired treasury shares was also approved at the February 6, 2025, board meeting.