Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Translation
September 1, 2025
Company name: | Kyosan Electric Manufacturing Co.,Ltd. (Securities code: 6742; Tokyo Market) |
Name of representative: | Ryoji Kunisawa Representative Director, President |
Inquiries: | Yuichiro Saito Strategy Planning Headquarters General Manager of Affairs & Legal Dept. Telephone: +81-45-503-8100 |
(Acquisition of own shares as provided in the Articles of Incorporation according to Art. 165, Para. (2) of the Companies Act)
The Company decided at the Boad of Directors' meeting held on May 14, 2025 on matters relating to the acquisition of own shares as provided in the Articles of Incorporation according to Article 165, Paragraph (2) of the Companies Act. The Company hereby notifies you acquisition status as follows.
Class of shares to be acquired: The Company's common stock
Total number of shares that may be acquired: 246,600shares
Total cost of share acquisition: 128,757,400yen
Period of acquisition: August 1, 2025 through August 31, 2025
Method of acquisition: Market purchase on the Tokyo Stock Exchange
(For your reference)
Details of the resolution at the Boad of Directors' meeting held on May 14, 2025
・Matters Relating to the Acquisition
Class of shares to be acquired: The Company's common stock Total number of shares that may be acquired: 1,000,000 shares (maximum)
(Ratio to the total number of shares issued (excluding own shares): 1.59%) Total cost of share acquisition: 500,000,000 yen (maximum)
Period of acquisition: May 15, 2025 through March 31, 2026
Method of acquisition: Market purchase on the Tokyo Stock Exchange
・Status of acquiring of own shares as of August 31, 2025
Total number of shares that may be acquired: 871,200shares Total cost of share acquisition: 433,817,700yen