Tokyo, November 13, 2024 – In a presentation summarizing the FY2025 3Q financial results, company leadership today highlighted a robust share buyback program, investor engagement initiatives, and an upcoming Investor Relations Day.
The company announced a share buyback program on October 9, and thru the end of October, had repurchased approximately ¥7.4 billion in shares. Despite current share price challenges,management emphasized the prospect too invest at attractive valuations,anticipating future Earnings Per Share (EPS) accretion. The company reaffirmed its core “Asset Assembler” strategy, prioritizing Mergers & Acquisitions (M&A) for surplus cash allocation.
The buyback decision followed careful deliberation at a September Board meeting and reflects direct feedback from the capital markets. Demonstrating a commitment to transparency, the company noted recent improvements to its disclosure practices and expressed gratitude for investor input.
Recently, the company hosted an investor tour of its new Tokyo Innovation Center, featuring presentations and Q&A sessions with the Chief Technology Officers (CTOs) of both the Japan Group and NIPSEA Group. Leadership thanked the investors and analysts who participated.
Looking ahead, an Investor Relations (IR) Day is scheduled for Wednesday, november 26, to be held in the morning Japan time. The event will include a presentation from AOC, alongside presentations from both Co-Presidents. The company extended an invitation to all interested parties.