Mizuno to Buy Back Up to 800,000 Shares for ¥3 billion

Source disclosure: February 26, 2026, 16:45 JST

Mizuno Corporation [8022.T]

TOKYO, Feb 26 (Pulse News Wire) – Mizuno Corporation (8022.T) announced today that its board of directors, held, approved a share buyback program aimed at improving capital efficiency and enhancing per-share value through stock reduction. Additionally, the move seeks to mitigate short-term impacts on stock supply due to the issuance of convertible bonds with attached subscription rights scheduled for later this year.

Under the plan, up to 800,000 shares (representing 1.04% percent of outstanding shares excluding treasury stocks) will be purchased at a total cost not exceeding ¥3 billion. The buyback period runs from February 27, 2026, to August 31, 2026, and will be executed via open-market purchases, including ToSTNeT-3 transactions.

As of January 31, 2026, Mizuno had a total of 76,784,145 outstanding shares excluding treasury stocks, with 2,950,584 treasury shares held. The funds raised from the upcoming issuance of Euro-yen denominated convertible bonds maturing in 2031 will partially finance this buyback initiative.

Details of the bond issuance can be found in the company’s press release dated February 26, 2026.

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