Mitsubishi Logistics Details Progress on ¥10 Billion Share Buyback

Mitsubishi Logistics ( (JP:9301) ) has provided an update.

Mitsubishi Logistics has disclosed the latest progress on its ongoing share buyback program authorized by its board in late February. Between April 1 and April 30, the company repurchased 1,230,300 shares of its common stock on the Tokyo Stock Exchange at a total cost of approximately ¥1.72 billion.

The buyback forms part of a broader authorization that allows Mitsubishi Logistics to acquire up to 11 million shares, or about 3.2% of its outstanding stock, with a total budget of up to ¥10 billion through the end of October 2026. This staged repurchase indicates a continued focus on capital efficiency and shareholder returns, while leaving substantial capacity for further buybacks over the coming months.

The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1300.00 price target. To see the full list of analyst forecasts on Mitsubishi Logistics stock, see the JP:9301 Stock Forecast page.

More about Mitsubishi Logistics

Mitsubishi Logistics Corporation is a Japanese logistics and warehousing company listed on the Tokyo Stock Exchange Prime Market under securities code 9301. The company provides logistics, storage, and related services, supporting supply chains for a wide range of industrial and commercial clients in Japan and internationally.

Average Trading Volume: 1,209,012

Technical Sentiment Signal: Buy

Current Market Cap: Yen500.7B

See more data about 9301 stock on TipRanks’ Stock Analysis page.