Resolution on acquisition limit
Resolved 29 September 2026Market purchase on the on-auction market (Tokyo Stock Exchange)The full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.
From 1 October 2026 to 14 October 2026
In connection with the planned merger with the wholly owned subsidiary Toyo Sugar Co., Ltd. on 1 October 2026, the Board of Directors meeting held today resolved to implement an employee stock ownership plan incentive program (special incentive payment scheme) intended to motivate employees to enhance the Company’s corporate value, and resolved to dispose of treasury shares through a third-party allotment. This is to secure 12,000 shares of the Company’s common stock, the maximum number scheduled to be allotted to the employee stock ownership plan for implementing the initiative.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 9,900 shares (0.03% of total issued shares, excluding treasury shares) |
| Percentage of total issued shares | 0.03％ |
| Total acquisition price | ¥31 million (maximum) |
| Acquisition period | From 1 October 2026 to 14 October 2026 |
| Method of acquisition | Market purchase on the on-auction market (Tokyo Stock Exchange) |
| Reason for acquisition | In connection with the planned merger with the wholly owned subsidiary Toyo Sugar Co., Ltd. on 1 October 2026, the Board of Directors meeting held today resolved to implement an employee stock ownership plan incentive program (special incentive payment scheme) intended to motivate employees to enhance the Company’s corporate value, and resolved to dispose of treasury shares through a third-party allotment. This is to secure 12,000 shares of the Company’s common stock, the maximum number scheduled to be allotted to the employee stock ownership plan for implementing the initiative. |
| Resolution date | 29 September 2026 |
| Current number of treasury shares | 2,172 shares (as of 31 August 2026) |
| Total number of issued shares | 32,797,923 shares (excluding treasury shares, as of 31 August 2026) |
Items this document does not state (6)
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 secure up to 12,000 treasury common shares for allocation to the employee stock ownership association in connection with the implementation of the incentive plan for the employee stock ownership association.