Aoyama Trading completes current treasury share acquisition program

Aoyama Trading Co., Ltd. has completed its treasury share acquisition program, having repurchased 726,000 shares for a total of JPY 1,764,862,900 between December 1 and December 22, 2025. This acquisition was executed via market purchases on the Tokyo Stock Exchange, bringing the current program to a close.

The completed acquisition falls under the resolution passed at the board of directors meeting on November 11, 2025. Under this resolution, the company had authorized the repurchase of up to 1.4 million shares (2.86% of outstanding shares excluding treasury shares) with a maximum aggregate value of JPY 3 billion, within an acquisition period from November 12, 2025, to March 24, 2026.

As of December 22, 2025, the cumulative treasury share acquisitions under this resolution total 1,244,000 shares, with an aggregate value of JPY 2,999,775,600.