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NIKKE Reports No Share Purchases Yet Under Approved Buyback Program

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NIKKE Reports No Share Purchases Yet Under Approved Buyback Program

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Japan Wool Textile Co., Ltd. ( (JP:3201) ) has shared an announcement.

NIKKE (The Japan Wool Textile Co., Ltd.), a textiles manufacturer listed on the TSE Prime Market, has disclosed the status of its ongoing share repurchase program authorized under Japan’s Companies Act. Although the board previously approved the purchase of up to 2 million shares, or approximately 2.98% of outstanding shares, for a maximum of 4 billion yen between January 19 and May 22, 2026, the company reported that no shares were acquired and no funds were spent during the period from January 19 to January 31, 2026. This indicates that while a significant buyback framework is in place, its execution had not yet begun by the end of January, leaving any potential effects on capital structure, earnings per share, and shareholder returns to unfold later in the authorized acquisition window.

The most recent analyst rating on (JP:3201) stock is a Buy with a Yen2268.00 price target. To see the full list of analyst forecasts on Japan Wool Textile Co., Ltd. stock, see the JP:3201 Stock Forecast page.

More about Japan Wool Textile Co., Ltd.

NIKKE (The Japan Wool Textile Co., Ltd.) is a Japanese textiles manufacturer listed on the Tokyo Stock Exchange Prime Market, primarily engaged in producing and selling wool and related textile products. The company operates in the broader apparel and materials industry, supplying fabrics and textile solutions to domestic and international markets.

Average Trading Volume: 112,455

Technical Sentiment Signal: Buy

Current Market Cap: Yen114.3B

See more data about 3201 stock on TipRanks’ Stock Analysis page.

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