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The latest update is out from Nisshin OilliO Group, Ltd. ( (JP:2602) ).
The Nisshin OilliO Group has reported progress on its ongoing share buyback program, acquiring 100,300 of its own common shares on the Tokyo Stock Exchange in February 2026 for a total of ¥588.38 million. This acquisition forms part of a broader authorization approved in June 2025, allowing the company to repurchase up to 2.5 million shares, or 7.67% of its issued shares, for a maximum of ¥10 billion by the end of March 2026.
As of February 28, 2026, the company has cumulatively bought back 1,862,600 shares for approximately ¥9.47 billion under this mandate, indicating that it is close to completing the planned buyback in both volume and value. The sizable repurchase program underscores management’s focus on shareholder returns and capital efficiency, and may support the company’s share price and earnings per share, potentially benefiting existing shareholders and reinforcing its market positioning.
The most recent analyst rating on (JP:2602) stock is a Buy with a Yen6574.00 price target. To see the full list of analyst forecasts on Nisshin OilliO Group, Ltd. stock, see the JP:2602 Stock Forecast page.
More about Nisshin OilliO Group, Ltd.
The Nisshin OilliO Group, Ltd. is a Japan-based food manufacturer listed on the Tokyo Stock Exchange Prime Market, primarily engaged in the production and sale of edible oils and related products. The company operates in the broader food and consumer goods sector, serving domestic and international markets with cooking oils and industrial-use oil products.
Average Trading Volume: 66,973
Technical Sentiment Signal: Buy
Current Market Cap: Yen195.1B
For detailed information about 2602 stock, go to TipRanks’ Stock Analysis page.