Noritz ( (JP:5943) ) just unveiled an update.
Noritz Corporation has reported the latest progress of its ongoing share repurchase program, authorized by its board in February 2026 under Japan’s Companies Act. The company bought 33,400 common shares on the Tokyo Stock Exchange between July 1 and July 31, 2026, at a total cost of ¥77,975,300, as part of its capital allocation strategy.
Under the February authorization, Noritz is allowed to repurchase up to 550,000 shares, or about 1.2% of its outstanding stock excluding treasury shares, for a total of up to ¥1.0 billion by year-end 2026. As of July 31, cumulative buybacks under this plan reached 114,400 shares for ¥266,689,300, signaling a continued commitment to shareholder returns and balance-sheet optimization.
More about Noritz
Noritz Corporation is a Japan-based manufacturer listed on the Tokyo Stock Exchange Prime Market, known for producing water heaters and related housing equipment. The company operates in the building products and home equipment sector, focusing on residential and commercial customers in domestic and overseas markets.
YTD Price Performance: 21.46%
Average Trading Volume: 89,427
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen103.9B
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