TYO:9962

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Misumi Group Repurchases 3.08 Billion Yen Worth of Shares in June

Misumi Group (TYO:9962) repurchased 824,100 ordinary shares between June 1 and June 30 through market purchases via a discretionary transaction method for 3.08 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.The repurchases are part of an ongoing share buyback program originally authorized by the board of directors on May 22. The program permits the acquisition of up to 13 million shares for a purchase price of 30 billion yen.With this, Misumi Group has repurchased over 1.1 million shares to date for 4.16 billion yen. The buyback window is scheduled to run through March 31, 2027.

TYO:9962

Asia61d ago

Misumi's Net Income Rises 11% in Fiscal 2025

Misumi's (TYO:9962) net income attributable to owners increased nearly 11% to 40.5 billion yen for fiscal year 2025 from 36.5 billion yen a year earlier.The industrial mold manufacturer's net income per share rose to 149 yen from 131.62 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales grew 9.8% to 441.4 billion yen for the year ended March 31 from 402 billion yen in the prior year.It declared a final dividend of 34.96 yen per share, payable from June 24.For the fiscal year 2026, the company expects attributable net income of 37.4 billion yen, net income per share of 141.17 yen, and net sales of 491.5 billion yen.

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