Kokuyo Advances Share Buyback Program With ¥1.57 Billion Repurchase

Kokuyo Co ( (JP:7984) ) has provided an announcement.

Kokuyo Co., Ltd. announced that it has repurchased 1,862,300 shares of its common stock on the Tokyo Stock Exchange between April 16 and April 30, 2026, at a total cost of approximately ¥1.57 billion. The buyback is being conducted under the authority granted by Article 459, Paragraph 1 of the Companies Act of Japan and Article 34 of its Articles of Incorporation, reflecting management’s ongoing use of share repurchases as part of its capital allocation strategy.

This latest transaction forms part of a broader share buyback program approved by the board on March 27, 2026, which allows Kokuyo to acquire up to 20 million shares, or about 4.6% of its outstanding stock, for a maximum of ¥15 billion by the end of 2026. The progress update underscores the company’s commitment to returning capital to shareholders and may signal confidence in its financial position, while potentially improving earnings per share and supporting the stock’s valuation over time.

More about Kokuyo Co

Kokuyo Co., Ltd. is a Japan-based manufacturer focused on office furniture, stationery, and related workplace solutions, serving corporate and institutional customers domestically and abroad. Listed on the TSE Prime with stock code 7984, the company operates in the broader office supplies and furniture industry, where capital allocation policies and shareholder returns are closely watched by investors.

Average Trading Volume: 962,294

Technical Sentiment Signal: Buy

Current Market Cap: Yen348.5B

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