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Tokyo Rope Advances Share Buyback, Repurchasing 121,000 Shares in December

Story Highlights
  • Tokyo Rope, a Japanese industrial rope and steel products maker, is actively repurchasing its own common shares on the Tokyo Stock Exchange.
  • The company bought back 121,000 shares in December, bringing cumulative repurchases to 130,000 shares under a board-approved buyback program aimed at enhancing capital efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tokyo Rope Advances Share Buyback, Repurchasing 121,000 Shares in December

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TOKYO ROPE MFG. CO., LTD. ( (JP:5981) ) just unveiled an announcement.

Tokyo Rope Mfg. Co., Ltd. has reported the status of its ongoing share buyback program, acquiring 121,000 common shares for a total of ¥183,778,300 between December 1 and December 31, 2025 through market purchases on the Tokyo Stock Exchange, including off-auction transactions via ToSTNeT-3. These transactions form part of a previously approved board authorization, which allows for the repurchase of up to 200,000 shares or ¥300 million by March 31, 2026; as of December 31, 2025, the company had cumulatively bought back 130,000 shares for ¥197,130,900, signaling an active capital policy that may support shareholder value and optimize its capital structure.

The most recent analyst rating on (JP:5981) stock is a Buy with a Yen1583.00 price target. To see the full list of analyst forecasts on TOKYO ROPE MFG. CO., LTD. stock, see the JP:5981 Stock Forecast page.

More about TOKYO ROPE MFG. CO., LTD.

Tokyo Rope Mfg. Co., Ltd. is a Japanese manufacturer listed on the Prime Market of the Tokyo Stock Exchange, historically known for producing wire ropes and related steel products used in construction, infrastructure, and industrial applications. The company serves both domestic and international markets, providing materials and technologies that support transport, civil engineering, and other heavy industry sectors.

Average Trading Volume: 54,988

Technical Sentiment Signal: Buy

Current Market Cap: Yen26.22B

For an in-depth examination of 5981 stock, go to TipRanks’ Overview page.

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