YCP Holdings (Global) Limited said its wholly owned subsidiary, YCP Japan, will place an order to buy 1.2 million of the company’s JDRs at the Tokyo Stock Exchange’s ToSTNeT-2 closing auction on May 28, at the day’s close of ¥801 per JDR, for a total planned purchase size of ¥961.2 million.
That is the point of the notice, and also the catch: ToSTNeT-2 is a one-session order, and the company explicitly warned that market conditions could mean only part of the order, or none of it, gets filled. In other words, this is an intent to buy, not a guarantee that every unit changes hands. Markets love a firm number right up until they do not.
The company said it will not switch to another venue or trading window, and it will publish the execution result after the 8:45 a.m. Tokyo close-auction session finishes on May 28. That gives investors a near-term readout on how much of the targeted repurchase actually happened.
The transaction also sits inside a broader repurchase authorization approved by YCP Japan on April 24. That earlier resolution allowed up to 3,185,000 JDRs, equal to 14.25% of the issued shares excluding treasury stock, with a total purchase cap of $15 million, or ¥2.39 billion at the filing’s exchange rate assumption. The company said the buyback can be executed either through regular market purchases or ToSTNeT-2.
Separately, YCP also reported that as of May 27, it had already acquired 5,100 JDRs for ¥3,982,200 in market purchases between May 19 and May 26.
For readers, the next disclosure matters more than the headline order size: if the ToSTNeT-2 trade is heavily filled, it will show YCP is moving quickly on the program. If not, the company still has plenty of room left under the broader authorization.