Kyocera Unveils $3.2 Billion Buyback in Capital Efficiency Push

Kyocera Corp. plans to buy back as much as ¥500 billion ($3.2 billion) worth of its shares from fiscal 2027 through fiscal 2028, joining a growing number of Japanese companies repurchasing stock.

The Kyoto-based maker of electronics parts separately said it will sell about ¥250 billion worth of its stake in wireless carrier KDDI Corp. in fiscal 2027, part of a growing trend of cross-shareholding unwindings among major Japanese businesses.