Kohsoku Decides to Repurchase Shares to Enhance Capital Efficiency

TOKYO, Jul 31 (Pulse News Wire) – KOHSOKU CORPORATION (7504.T) announced today that its board of directors, held, resolved to repurchase up to 1489 shares of its common stock based on Article 165, Paragraph 2 of the Companies Act. The decision was made to improve capital efficiency and enhance shareholder returns, considering the company's strong performance in fiscal year 2026, which saw record-high sales revenue, operating profit, and ordinary profit for eight consecutive quarters.

The repurchase plan includes acquiring up to 1489 shares, representing approximately 1.53% percent of the outstanding shares excluding treasury shares. The total amount allocated for the repurchase is capped at ¥1.350 billion. The repurchase period will run from August 3, 2026, to August 31, 2026, through open-market purchases on the Tokyo Stock Exchange. As of July 31, 2026, the company had 2083 outstanding shares excluding treasury shares and held 2084 treasury shares.

The company’s interim earnings for the first quarter of fiscal year 2027 showed growth across all metrics compared to the same period last year, with operating and ordinary profits increasing by approximately 140% percent year-over-year. Regarding the outlook for the full fiscal year 2027, while there is potential for upward revisions due to positive trends, uncertainties surrounding crude oil prices and fuel costs linked to Middle East conditions make immediate adjustments to forecasts impractical. Therefore, the company decided against revising its projections at this time. Details on the quarterly earnings presentation can be found in the supplementary materials released today.