Hirose ended the buyback approved on Aug. 4, 2026, after purchasing 25,200 shares for ¥634,312,000 from Oct. 1 to 13. Cumulative purchases reached 594,200 shares for ¥14,999,079,500, or 99.99% of the ¥15 billion cap and 84.9% of the 700,000-share limit.
Hirose bought 25,200 common shares on the market from Oct. 1 to 13 for ¥634,312,000. As of Oct. 13, cumulative purchases under the board resolution approved on Aug. 4, 2026, totaled 594,200 shares for ¥14,999,079,500. Progress differed between the share and spending limits.
| Item | Cumulative as of Oct. 13 | Resolution limit | Percentage of limit |
|---|---|---|---|
| Shares acquired | 594,200 | 700,000 | About 84.9% |
| Purchase value | ¥14,999,079,500 | ¥15,000,000,000 | About 99.99% |
The remaining spending allowance was ¥920,500, while 105,800 shares remained under the share limit. The resolution set the purchase period from Aug. 10 to Nov. 30, 2026, but Hirose ended the buyback with these purchases. The disclosure did not provide prior-period buyback figures or an industry average, so the results here are compared with the limits Hirose announced.
At the end of the buyback, the purchase value had nearly reached the ¥15 billion limit, while the number of shares acquired remained below the 700,000-share ceiling. The remaining allowance was ¥920,500 by value and 105,800 shares by volume. Hirose said the buyback ended with purchases through Oct. 13, but the disclosure did not say whether the near-exhaustion of the spending cap prompted the decision or whether other factors, such as the share price or capital policy, played a role. The reason for ending the buyback therefore cannot be attributed to a specific factor based on the disclosure.
The final date set for the buyback was Nov. 30, so it ended before the end of the authorized period. The disclosure provided neither the prior period's buyback spending nor figures for comparable companies, making progress against this resolution's limits the relevant reference point rather than year-on-year or industry comparisons. Investors will want to watch for Hirose's explanations of its future shareholder returns and plans for holding or canceling treasury shares. The fact that the share limit was not fully used should be considered separately from the near-full use of the spending cap.
Analyst take
The purchase value nearly reached the limit set by the board, making spending the defining feature of the results, while shares acquired totaled about 84.9% of the cap. The disclosure did not state why the buyback ended or how Hirose will handle the shares, so it does not support firm conclusions about capital efficiency or shareholder returns. Investors will want to watch for announcements on cancellation of treasury shares or additional return measures. The gap between progress by value and by share count is central to understanding the disclosure.
