Isuzu completes share repurchase, plans cancellation, and subsidiary split

Isuzu Motors Limited completed its share repurchase program as of December 25, 2025, acquiring 2,631,100 common shares for JPY 6,319,323,050 between December 1 and December 23, 2025. This repurchase is part of a larger resolution to acquire up to 35,000,000 shares for JPY 50 bn by March 31, 2026. This results in the cancellation of 24,774,800 common shares, representing 3.5% of outstanding shares, effective February 13, 2026. After cancellation, 688,751,769 shares will remain outstanding.

Concurrently, Isuzu announced an absorption-type company split with its wholly-owned subsidiary, Isuzu Motors Sales Limited, effective April 1, 2026. Isuzu will assume the rights and obligations related to domestic sales company shares and real estate for domestic sales bases from the subsidiary. This strategic move aims to optimize the ownership and management of domestic sales company shares and real estate, clarifying roles between sales and new vehicle logistics/inventory management functions.