Resolution on acquisition limit
Resolved 12 November 2026Market purchases on the Tokyo Stock Exchange under a discretionary trading agreementThe 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.
13 November 2026–31 May 2027
The company will acquire treasury shares to enhance shareholder returns and improve capital efficiency, while pursuing an agile and flexible capital policy in response to changes in the business environment. It is also exploring the use of the treasury shares acquired as consideration for future M&A and capital and business alliances, and is considering using some of them as stock-based compensation for officers and employees.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 1,500,000 shares (maximum) |
| Percentage of total issued shares | 5.73% |
| Total acquisition price | ¥300,000,000 (maximum) |
| Acquisition period | 13 November 2026–31 May 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement |
| Reason for acquisition | The company will acquire treasury shares to enhance shareholder returns and improve capital efficiency, while pursuing an agile and flexible capital policy in response to changes in the business environment. It is also exploring the use of the treasury shares acquired as consideration for future M&A and capital and business alliances, and is considering using some of them as stock-based compensation for officers and employees. |
| Resolution date | 12 November 2026 |
| Current number of treasury shares | 2 shares (as of 31 October 2026) |
| Total number of issued shares | 26,158,198 shares (excluding treasury shares, as of 31 October 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 enhance shareholder returns and improve capital efficiency, while pursuing an agile and flexible capital policy in response to changes in the business environment. The company is also considering using some of the treasury shares acquired as stock-based compensation for officers and employees, while exploring their use as consideration for future M&A and capital and business alliances.