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Nifco Inc. ( (JP:7988) ) has shared an update.
Nifco Inc. has completed a share buyback program authorized by its board on October 31, 2025, acquiring a total of 1,057,200 common shares for approximately 4,999,540,493 yen through purchases on the Tokyo Stock Exchange between November 4, 2025, and January 28, 2026. The latest tranche, executed from January 1 to January 28, 2026, saw the company repurchase 285,300 shares at a cost of 1,417,808,500 yen, effectively exhausting the approved budget and share limit, a move that is likely aimed at enhancing capital efficiency and shareholder returns by reducing the number of shares outstanding.
The most recent analyst rating on (JP:7988) stock is a Buy with a Yen5885.00 price target. To see the full list of analyst forecasts on Nifco Inc. stock, see the JP:7988 Stock Forecast page.
More about Nifco Inc.
Nifco Inc., listed on the Tokyo Stock Exchange Prime Market (code 7988) and headquartered in Kanagawa, Japan, operates in the manufacturing sector and is known for producing industrial components and related products, with a focus on serving automotive and other industrial markets.
Average Trading Volume: 252,893
Technical Sentiment Signal: Buy
Current Market Cap: Yen460.1B
Learn more about 7988 stock on TipRanks’ Stock Analysis page.