Noritz Yet to Start Buying Back Shares Under ¥1 Billion Repurchase Program

Noritz ( (JP:5943) ) just unveiled an announcement.

Noritz Corporation reported on the progress of its share repurchase program authorized by its board on February 10, 2026, which allows buybacks of up to 550,000 shares, or about 1.2% of issued shares excluding treasury stock, for a total cost of up to ¥1.0 billion through market purchases on the Tokyo Stock Exchange. As of February 28, 2026, however, the company had not yet acquired any shares under this authorization, indicating that the planned capital return has not started to impact its share count or balance sheet during the initial acquisition period.

The most recent analyst rating on (JP:5943) stock is a Buy with a Yen2770.00 price target. To see the full list of analyst forecasts on Noritz stock, see the JP:5943 Stock Forecast page.

More about Noritz

Noritz Corporation is a Japan-based manufacturer in the housing and equipment sector, best known for its water heaters and related hot-water supply systems. Listed on the Tokyo Stock Exchange Prime Market under securities code 5943, the company primarily serves residential and commercial customers in Japan and overseas, with a focus on building a stable shareholder base and enhancing capital efficiency.

YTD Price Performance: 21.95%

Average Trading Volume: 108,957

Technical Sentiment Signal: Buy

Current Market Cap: Yen106.5B

See more data about 5943 stock on TipRanks’ Stock Analysis page.