Resolution on acquisition limit
Resolved 24 September 2026Off-auction purchase (ToSTNeT-3)17 August 2026 to 30 December 2026
To absorb through a ToSTNeT-3 treasury share purchase the hedging sales of the company's shares by certain overseas institutional investors purchasing the CBs, thereby mitigating the short-term impact on the supply and demand of the shares, while further improving ROE and EPS by conducting an additional ¥10 billion share repurchase funded by the CB proceeds.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 4.25 million shares |
| Total acquisition price | ¥10 billion (maximum) |
| Acquisition period | 17 August 2026 to 30 December 2026 |
| Method of acquisition | Off-auction purchase (ToSTNeT-3) |
| Reason for acquisition | To absorb through a ToSTNeT-3 treasury share purchase the hedging sales of the company's shares by certain overseas institutional investors purchasing the CBs, thereby mitigating the short-term impact on the supply and demand of the shares, while further improving ROE and EPS by conducting an additional ¥10 billion share repurchase funded by the CB proceeds. |
| Resolution date | 24 September 2026 |
| Change in acquisition period | 17 August 2026 to 30 December 2026 → 17 August 2026 to 30 December 2026 |
| Change in acquisition limit | ¥10 billion (maximum) → ¥20 billion (maximum)(100%) |
Items this document does not state (7)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To absorb hedging sales of the company's shares by CB investors and mitigate the short-term impact on the supply and demand of the shares, while further improving ROE and EPS. The company also aims to strengthen capital efficiency and shareholder returns.