Kurimoto Approves Share Repurchase and Cancellation Plan

TOKYO, Aug 06 (Pulse News Wire) – Kurimoto,ltd. (5602.T) announced that at the board meeting held on August 06, 2026, the company resolved to repurchase shares and cancel them based on the provisions of the Companies Act.

The share repurchase is aimed at enhancing capital efficiency and strengthening shareholder returns as part of the company's capital policy strategy for the upcoming medium-term management plan. Key details of the share repurchase plan include: - Type of shares: Ordinary shares of Kurimoto,ltd. - Total number of shares to be acquired: Up to 3,500,000 shares (representing 5.73% of the total outstanding shares excluding treasury shares). - Maximum acquisition cost: Up to August 07, 2026. - Acquisition period: From August 07, 2026, to December 23, 2026.

Regarding the cancellation of shares, the company plans to cancel all shares acquired through the aforementioned repurchase. The scheduled cancellation date is January 29, 2027. The exact number of shares to be canceled will be disclosed upon completion of the share repurchase process. As of July 31, 2026, Kurimoto,ltd. had 2,884,795 treasury shares out of a total of 61,107,655 outstanding shares excluding treasury shares.

Notably, the treasury shares mentioned do not include those owned by Nomura Trust Bank (Trust E Account) as part of the Stock Grant Trust (BBT-RS).