Komori
Treasury Shares6632JVCKENWOOD CorporationElectrical Equipment and Precision Instruments

Notice Regarding the Decision on Matters Concerning the Acquisition of Treasury Shares

The Board of Directors resolved to repurchase up to 3 million common shares through market purchases, for a total amount of up to ¥3 billion. The repurchased shares are expected to be cancelled, although the number of shares to be cancelled and the timing remain undecided.

Worth reading
71In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
3000000
Shares (maximum acquisition)
Wording
Definitive
How definitive the wording is.

Resolution on acquisition limit

Resolved 3 August 2026Market purchases on the Tokyo Stock Exchange
Total acquisition price¥3 billion (maximum)
Maximum number of shares to be acquired3 million shares (maximum)The Company's common shares
2.12%Maximum number that can be acquired

The full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.

Acquisition period

4 August 2026 to 30 October 2026

Reason for acquisition

The Company decided to repurchase treasury shares after comprehensively considering its current financial position, business environment and recent share price levels, as part of shareholder returns for the current fiscal year and with a view to improving capital efficiency.

Reference (number of shares stated in the document)
Current number of treasury shares20,216,384 shares (as of 30 June 2026), comprising 18,639,052 shares held in the Company's own name and 1,577,332 shares held by a trust related to stock compensation.
Total number of issued shares141,348,417 shares (as of 30 June 2026, excluding treasury shares)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredThe Company's common shares
Maximum number of shares to be acquired3 million shares (maximum)
Percentage of total issued shares2.12%
Total acquisition price¥3 billion (maximum)
Acquisition period4 August 2026 to 30 October 2026
Method of acquisitionMarket purchases on the Tokyo Stock Exchange
Reason for acquisitionThe Company decided to repurchase treasury shares after comprehensively considering its current financial position, business environment and recent share price levels, as part of shareholder returns for the current fiscal year and with a view to improving capital efficiency.
Resolution date3 August 2026
Current number of treasury shares20,216,384 shares (as of 30 June 2026), comprising 18,639,052 shares held in the Company's own name and 1,577,332 shares held by a trust related to stock compensation.
Total number of issued shares141,348,417 shares (as of 30 June 2026, excluding treasury shares)
Items this document does not state (6)
Number of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementChange in acquisition periodChange in acquisition limit

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The decision was made after comprehensively considering the Company's current financial position, business environment and recent share price levels, as part of shareholder returns for the current fiscal year and with a view to improving capital efficiency. It is based on the shareholder return policy under the medium-term management plan "VISION2030," which targets a total payout ratio of 30% to 45%.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Decision on Matters Concerning the Acquisition of Treasury Shares | JVCKENWOOD Corporation (6632) timely disclosure | Komori