J.FRONT RETAILING Co.,Ltd. [3086.T]
TOKYO, Apr 14 (Pulse News Wire) – J.front Retailing CO.,LTD. (3086.T) announced today that its board of directors has approved a share buyback program based on Article 459(1) of the Companies Act and Article 39 of its articles of incorporation.
The primary reason for the buyback is to enhance long-term capital profitability as part of the company's mid-term management plan for fiscal years 2024 through 2026. Under this strategy, J.FRONT RETAILING aims to achieve sustainable growth alongside optimized shareholder returns. The buyback will involve up to 5,000,000 ordinary shares, representing 2.00% of the outstanding shares excluding treasury stock.
The total value of the buyback is capped at ¥10.00 billion. The buyback period will run from April 15, 2026, to June 26, 2026, conducted via open-market purchases on the Tokyo Stock Exchange through a broker-assisted method. As of February 28, 2026, the company held 20,316,343 treasury shares out of a total of 250,249,421 outstanding shares (excluding treasury stock).
In accordance with its dividend policy, J.FRONT RETAILING plans to maintain a payout ratio of 40% or higher during the fiscal period while also focusing on optimizing its equity structure through share repurchases.
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