TOKYO, Jun 25 (Pulse News Wire) – Izawa Towel CO.,LTD. (365A.T) announced that at the board meeting held, it resolved to repurchase shares based on Article 156 of the Companies Act, as amended by Article 165(3).
The primary reasons for this decision are to enhance capital efficiency and improve earnings per share. The company plans to execute the buyback through the ToSTNeT-3 system on June 26, 2026 at 8:45 AM, targeting up to 600,000 ordinary shares, which represents 6.2% of the outstanding shares excluding treasury stock. The total amount allocated for the repurchase is capped at ¥436.8 million. The buyback price will be determined based on the closing price.
The repurchase will be conducted according to the terms set forth, without altering the method or timing. However, due to market conditions, there is a possibility that the entire or part of the planned repurchase may not occur. The results of the transaction will be disclosed immediately after the trading session ends at 8:45 AM. As of June 25, 2026, the company's outstanding shares excluding treasury stock stood at 9,700,000, while the number of treasury shares was 300,000.
Share buyback
Shares
600,000 shares
Total cost
n/a
Period
n/a
Source: TDNet filing
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