DaikyoNishikawa Launches ¥2.1 Billion ToSTNeT-3 Share Buyback

An announcement from DaikyoNishikawa Corp. ( (JP:4246) ) is now available.

DaikyoNishikawa Corporation has resolved to repurchase up to 2.6 million of its common shares, representing about 3.8% of its issued shares excluding treasury stock, via an off-auction own share repurchase transaction (ToSTNeT-3) on the Tokyo Stock Exchange at ¥812 per share, with a maximum outlay of approximately ¥2.11 billion and a repurchase window running from January 8 to January 13, 2026. The buyback, scheduled with an order at 8:45 a.m. on January 9, 2026, may influence the company’s shareholder structure, as NISHIKAWA RUBBER CO., LTD., a seller in a concurrent secondary offering, has indicated it may tender part of its holdings, potentially altering DaikyoNishikawa’s major and largest shareholders depending on execution results.

The most recent analyst rating on (JP:4246) stock is a Buy with a Yen802.00 price target. To see the full list of analyst forecasts on DaikyoNishikawa Corp. stock, see the JP:4246 Stock Forecast page.

More about DaikyoNishikawa Corp.

DaikyoNishikawa Corporation, listed on the Prime Market of the Tokyo Stock Exchange under securities code 4246, is a Japanese manufacturing company; however, this release does not provide specific details on its industry segment, products, or primary services.

Average Trading Volume: 113,942

Technical Sentiment Signal: Buy

Current Market Cap: Yen55.24B

See more data about 4246 stock on TipRanks’ Stock Analysis page.