Shibusawa Logistics to Buy Back Up to 1.60 million shares Shares and Cancel Them

TOKYO, May 22 (Pulse News Wire) – Shibusawa Logistics Corporation (9304.T) decided at its board meeting held on May 22 to repurchase up to 1.60 million shares shares of its common stock, representing 2.76% of its outstanding shares excluding treasury shares. The total amount for the buyback is capped at ¥2.800 billion.

The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from June 1, 2026, until October 30, 2026. As part of its capital policy outlined in its mid-term management plan “Shibusawa Warehouse Group Mid-Term Management Plan 2026” (covering fiscal years 2024 to 2026), the company aims to maintain financial health while pursuing active growth investments and enhancing shareholder returns. The share repurchase is intended to improve capital efficiency and increase shareholder value.

Additionally, the company resolved to cancel all the shares acquired through the repurchase program. The cancellation is scheduled to occur on March 31, 2027. At the end of April 30, 2026, the company had 3,015,861 treasury shares out of a total of 57,855,127 outstanding shares excluding treasury shares.