TSE:9147Logistics
Nippon Express (TSE:9147) Unveils Share Buyback And EPS Jump – A Turning Point In Capital Discipline?
In May 2026, Nippon Express Holdings, Inc. announced a share repurchase program of up to 17,000,000 shares, or 7% of its share capital, for ¥50,000 million, alongside first-quarter 2026 results showing sales of ¥652,337 million and net income of ¥4,568 million.
The decision to cancel all repurchased shares, combined with a sharp improvement in basic earnings per share to ¥18.84, signals a clear focus on capital efficiency and shareholder returns.
We’ll now examine how the planned...