Kokuyo completes share buyback, cancels treasury shares

Kokuyo Co. Ltd. announced on December 25, 2025, the completion of its share repurchase program, which resulted in the acquisition of 2,063,300 shares of common stock for 1,924,379,580 yen. This final buyback period ran from December 1 to December 19, 2025. This completes the total share repurchase approved on February 14, 2025, which aimed to acquire up to 34 million shares (7.5% of outstanding stock) or 20 billion yen between April 16 and December 31, 2025. A four-for-one stock split effective July 1, 2025, amended the total number of shares to be acquired on a post-split basis, resulting in a total of 23,089,300 shares repurchased for 19,999,992,910 yen.

Concurrently, Kokuyo completed the cancellation of 22 million common shares from its treasury, representing 4.75% of the total issued shares before cancellation. This action, resolved by the board of directors on November 27, 2025, aligns with the company's policy to maintain treasury shares at less than 2% of total issued shares, canceling any excess on an ongoing basis. Following this cancellation, the total number of issued shares, including treasury shares, stands at 440,969,852.