Resolution on acquisition limit
Resolved 8 May 2026Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement are planned.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.
8 May 2026–31 March 2027
Under the medium-term management plan formulated in May 2024, the Company plans to enhance dividends as part of its returns to shareholders and to repurchase shares flexibly from the perspective of maintaining an optimal capital structure. Based on this policy, the Company is establishing a repurchase limit in order to repurchase shares at an appropriate time while taking comprehensive consideration of its financial position, share price level and other factors.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 7,000,000 shares (maximum) (Note 2) |
| Percentage of total issued shares | 7.4％ |
| Total acquisition price | ¥40,000,000,000 (maximum) |
| Acquisition period | 8 May 2026–31 March 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement are planned. |
| Reason for acquisition | Under the medium-term management plan formulated in May 2024, the Company plans to enhance dividends as part of its returns to shareholders and to repurchase shares flexibly from the perspective of maintaining an optimal capital structure. Based on this policy, the Company is establishing a repurchase limit in order to repurchase shares at an appropriate time while taking comprehensive consideration of its financial position, share price level and other factors. |
| Resolution date | 8 May 2026 |
| Current number of treasury shares | 111,622 shares (as of 30 April 2026). This figure includes 98,617 shares held by the executive compensation BIP trust. |
| Total number of issued shares | 94,133,378 shares (as of 30 April 2026, excluding treasury shares) |
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 repurchase shares at an appropriate time, taking into comprehensive consideration its financial position, share price level and other factors, based on the shareholder return policy and approach to the optimal capital structure set out in the medium-term management plan formulated in May 2024.