Nichia Steel Works Authorises 200 Million Yen Buyback

Nichia Steel Works has authorised a share repurchase programme capped at 200 Million Yen (1.11% of issued shares excluding treasury).

The acquisition period runs from May 15, 2026 through March 29, 2027.

Nichia Steel Works cited strengthening shareholder returns and improving capital efficiency as the rationale for the action.