Makino Milling Machine Decides on Self-Buyback Plan

TOKYO, Jul 31 (Pulse News Wire) – Makino Milling Machine CO.,LTD. (6135.T) announced that its board of directors, held, approved a self-buyback plan based on Article 165(3) of the Companies Act, which applies Article 156 provisions.

The buyback aims to enhance shareholder returns and capital efficiency, aligning with the company's strategy outlined in its "Corporate Value Enhancement Program (Updated 2026)." Under the program, Makino Milling Machine plans to achieve an average payout ratio of 50% over five fiscal years from 2025 to 2029 through stable dividend payments and flexible share repurchases. The latest self-buyback will strengthen shareholder returns and improve capital efficiency, contributing to increased enterprise value and shareholder value.

Key details of the buyback plan include: - Type of shares: Ordinary shares - Maximum number of shares to be purchased: 415,000 (representing 1.66% of outstanding shares excluding treasury stock) - Total purchase amount cap: ¥6 billion - Purchase period: August 3, 2026 to December 30, 2026 As previously disclosed, the company intends to conduct a 1-for-5 stock split effective October 1, 2026. Following the split, the total number of shares available for purchase will be adjusted to 2,075,000.

As of June 30, 2026, the company held 1,502,211 treasury shares out of a total of 24,893,841 outstanding shares.