Market Chatter: Japan Share Buybacks Hit Record 16.2 Trillion Yen in Early 2026

MT Newswires Live06-24

Japanese listed companies launched 16.2 trillion yen in buybacks in the January-May period, up 34% year over year and a record for the period, driven by cross-shareholding unwinding and capital reforms, Nikkei Asia reported Monday, citing its own analysis.

Although the number of companies initiating programs fell 14% to about 620, large-scale repurchases inflated the total value, which reached 16.4 trillion yen as of Friday, the news daily said.

Major players like Sony Group (TYO:6758) and Hitachi (TYO:6501) each unveiled 500 billion yen buybacks amid record profit projections, while Daikin Industries (TYO:6367) repurchased 350 billion yen, the publication said.

KDDI (TYO:9433) also executed a 300 billion yen buyback, with 250 billion yen through a tender offer to acquire shares from Toyota (TYO:9433) and Kyocera (TYO:6971), who sought to offload their cross-holdings, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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