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TOKYO ROPE MFG. CO., LTD. ( (JP:5981) ) just unveiled an update.
Tokyo Rope Mfg. Co., Ltd. has disclosed the status of its share buyback program, reporting the repurchase of 18,000 common shares on the Tokyo Stock Exchange between January 1 and January 31, 2026, for a total acquisition cost of ¥30.83 million. This buyback is part of a broader board-approved program, authorized in November 2025, allowing repurchases of up to 200,000 shares or ¥300 million through March 31, 2026; as of January 31, 2026, the company has cumulatively acquired 148,000 shares for approximately ¥227.96 million, signaling an ongoing capital policy aimed at enhancing shareholder value and optimizing its capital structure.
The most recent analyst rating on (JP:5981) stock is a Hold with a Yen1828.00 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, best known for producing steel wire ropes and related products used in infrastructure, construction, and industrial applications in domestic and overseas markets.
Average Trading Volume: 65,810
Technical Sentiment Signal: Buy
Current Market Cap: Yen27.04B
See more data about 5981 stock on TipRanks’ Stock Analysis page.