ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Stocks

Japan Inc.'s stock buybacks climb to record

TOKYO -- Listed Japanese companies bought back 4.35 trillion yen ($41.8 billion) of their own shares from January to September -- the most ever for the period -- driven by a push to improve capital efficiency and corporate governance.

By May, Toyota Motor, SoftBank Group and NTT Docomo had each announced repurchases of as much as 500 billion yen. Many other companies, including Nissan Motor and Nippon Steel & Sumitomo Metal, also unveiled buyback programs of 100 billion yen or more. Total buybacks over the first nine months of the year were up about 40% from the same period a year earlier. The full-year tally could surpass the record of about 4.8 trillion yen marked last year.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more