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An update from Kandenko Co., Ltd. ( (JP:1942) ) is now available.
Kandenko Co., Ltd. has completed a major share repurchase via the Tokyo Stock Exchange’s ToSTNeT-3 off-auction system, buying back 5,392,700 common shares for a total of ¥29,999,590,100 on February 2, 2026, thereby effectively using almost all of the ¥30 billion ceiling authorized by its board. The buyback, which concludes the repurchase program approved on January 29, 2026, is part of a broader capital policy announced in April 2025 to enhance shareholder returns, improve capital efficiency and help offset potential supply-demand imbalances in its stock arising from a recently announced secondary offering, signaling continued management focus on shareholder-friendly financial strategy and share price support.
The most recent analyst rating on (JP:1942) stock is a Hold with a Yen6091.00 price target. To see the full list of analyst forecasts on Kandenko Co., Ltd. stock, see the JP:1942 Stock Forecast page.
More about Kandenko Co., Ltd.
Kandenko Co., Ltd., listed on the Tokyo Stock Exchange Prime Market (securities code 1942), operates in Japan’s construction and engineering sector, focusing on electrical and related infrastructure works and maintenance services. The company targets stable, long‑term returns for shareholders, including a policy of semi‑annual dividends with an approximate 40% dividend payout ratio and capital measures aimed at improving capital efficiency and supporting its share price.
YTD Price Performance: 10.64%
Average Trading Volume: 1,077,027
Technical Sentiment Signal: Buy
Current Market Cap: Yen1136.6B
Learn more about 1942 stock on TipRanks’ Stock Analysis page.