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Nifco Reports Progress on Ongoing ¥5 Billion Share Buyback Program

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Nifco Reports Progress on Ongoing ¥5 Billion Share Buyback Program

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Nifco Inc. ( (JP:7988) ) just unveiled an announcement.

Nifco Inc. has reported the latest progress in its ongoing share buyback program, acquiring 116,900 of its own common shares on the Tokyo Stock Exchange between December 1 and December 31, 2025, at a total cost of approximately ¥581.8 million. This move forms part of a broader board-approved repurchase plan, authorized on October 31, 2025, that allows for the acquisition of up to 1.25 million shares or ¥5 billion in total; as of December 31, 2025, Nifco has cumulatively bought back 771,900 shares for about ¥3.58 billion, signaling a continued focus on capital policy and shareholder returns while still leaving capacity for further repurchases within the authorized limit.

The most recent analyst rating on (JP:7988) stock is a Buy with a Yen5171.00 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, is a Japan-based manufacturer best known for plastic industrial components, including fasteners and other functional parts widely supplied to the automotive and related industries. From its headquarters in Kanagawa Prefecture, the company serves domestic and global manufacturers, positioning itself as a key supplier in high-volume industrial supply chains.

Average Trading Volume: 246,223

Technical Sentiment Signal: Buy

Current Market Cap: Yen454.7B

For a thorough assessment of 7988 stock, go to TipRanks’ Stock Analysis page.

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