Notice Regarding the Status and Conclusion of Repurchase of Shares of Common Stock,and Cancellation of Treasury Stock

NIKON CORPORATION (hereinafter “the Company”) has repurchased its own shares as follow, pursuant to Article 156 of the Companies Act of Japan as applicable through Article 165, Paragraph 3 of the Act. The repurchase of the Company’s own shares, which was approved at the meeting of its Board of Directors held on October 31, 2024, has been concluded with this notice.

For the cancellation of treasury stock, which was also approved at the aforementioned meeting of the Company’s Board of Directors, the total number of shares to be cancelled has been decided as follow, pursuant to Article 178 of the Companies Act of Japan.

1. Result of the Repurchase of Shares
(1) Type of stock repurchased: Common Stock
(2) Total number of shares repurchased: 2,371,000 shares
(3) Total amount of shares repurchased: 3,782,217,300 yen
(4) Period of repurchase: March 1, 2025 to March 14, 2025
(5) Method of repurchase: Open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract

2. Details of the Cancellation of Treasury Stock
(1) Type of stock to be cancelled: Common Stock
(2) Total number of shares to be cancelled: 17,891,000 shares (Equivalent to 5.4% of outstanding shares before the cancellation, excluding treasury stock)
(3) Scheduled date of cancellation: March 31, 2025
 
(Reference)

1. Details of the resolution approved at the meeting of the Company’s Board of Directors held on October 31,
2024
(1) Type of stock to be repurchased: Common Stock
(2) Total number of shares to be repurchased: Up to 30 million shares (Equivalent to 8.7% of shares issued, excluding treasury stock)
(3) Total repurchase amount: Up to 30 billion yen
(4) Period of repurchase: From November 8, 2024 to March 24, 2025

2. Total number and amount of shares repurchased until March 14, 2025, pursuant to the resolution approved at
the aforementioned meeting of the Company’s Board of Directors
(1) Total number of shares repurchased: 17,891,000 shares
(2) Total amount of shares repurchased: 29,999,994,000 yen

3. Details of the cancellation of treasury stock approved at the meeting of the Company’s Board of Directors held on October 31, 2024.
(1) Type of stock to be cancelled: Common stock
(2) Total number of shares to be cancelled: All the shares of common stock to be repurchased in
accordance with section 2 above
(3) Scheduled date of cancellation: March 31, 2025
4. Status of shares after the cancellation
(1) Total number of shares outstanding: 333,585,686 shares (Estimated)
(2) Total number of treasury stock: 4,767,318 shares (Estimated)
(The estimated number of shares shown in (1) and (2) above was calculated based on the total number of shares outstanding and the total number of treasury stock as of March 14, 2025, respectively.)