Komori
Treasury Stock2501SAPPORO BREWERIES LIMITEDFood

Notice Regarding the Decision on Matters Relating to the Repurchase and Cancellation of Treasury Shares

The Board of Directors resolved to acquire up to 7 million common shares for up to ¥10 billion through market purchases. All acquired treasury shares are scheduled to be cancelled on 10 March 2027.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
10000000000
Yen (upper limit)
Wording
Definitive
How definitive the wording is.

Resolution on acquisition limit

Resolved 11 November 2026Market purchases on the Tokyo Stock Exchange
Total acquisition price¥10,000,000,000 (maximum)
Maximum number of shares to be acquired7,000,000 shares (maximum)Common shares of the Company
1.8%Maximum number that can be acquired

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.

Acquisition period

12 November 2026 to 10 February 2027

Reason for acquisition

Based on the Company's cash allocation policy set out in the Medium-Term Management Plan 2027-2030 announced in August 2026, the Company will acquire and cancel treasury shares to improve capital efficiency by achieving an appropriate capital level.

CancellationRetired shares are removed from the total number of issued shares and can never return to the market.
Number of shares to be retiredThe total number of treasury shares acquired under 2 above
Scheduled retirement date10 March 2027
Reference (number of shares stated in the document)
Current number of treasury shares3,999,080 shares (as of 30 September 2026)
Total number of issued shares389,972,410 shares (as of 30 September 2026, excluding treasury shares)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredCommon shares of the Company
Maximum number of shares to be acquired7,000,000 shares (maximum)
Percentage of total issued shares1.8%
Total acquisition price¥10,000,000,000 (maximum)
Acquisition period12 November 2026 to 10 February 2027
Method of acquisitionMarket purchases on the Tokyo Stock Exchange
Reason for acquisitionBased on the Company's cash allocation policy set out in the Medium-Term Management Plan 2027-2030 announced in August 2026, the Company will acquire and cancel treasury shares to improve capital efficiency by achieving an appropriate capital level.
Resolution date11 November 2026
Number of shares to be retiredThe total number of treasury shares acquired under 2 above
Scheduled retirement date10 March 2027
Current number of treasury shares3,999,080 shares (as of 30 September 2026)
Total number of issued shares389,972,410 shares (as of 30 September 2026, excluding treasury shares)
Items this document does not state (4)
Percentage of total issued shares before retirementTotal number of issued shares after retirementChange in acquisition periodChange in acquisition limit

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 improve capital efficiency by achieving an appropriate capital level, based on the cash allocation policy set out in the Medium-Term Management Plan 2027-2030 announced in August 2026.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Decision on Matters Relating to the Repurchase and Cancellation of Treasury Shares | SAPPORO BREWERIES LIMITED (2501) timely disclosure | Komori