Resolution on acquisition limit
Resolved 24 April 2026Purchases through the Tokyo Stock Exchange's off-auction purchase transaction (ToSTNeT-3) or market purchases on the Tokyo Stock ExchangeThe 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.
18 May 2026 to 19 March 2027 (scheduled)
The Company decided to acquire treasury shares to expand shareholder returns and improve capital efficiency in accordance with its shareholder return policy targeting a total payout ratio of 60%.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 280,000 shares (maximum) |
| Percentage of total issued shares | 2.2％ |
| Total acquisition price | ¥500 million (maximum) |
| Acquisition period | 18 May 2026 to 19 March 2027 (scheduled) |
| Method of acquisition | Purchases through the Tokyo Stock Exchange's off-auction purchase transaction (ToSTNeT-3) or market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company decided to acquire treasury shares to expand shareholder returns and improve capital efficiency in accordance with its shareholder return policy targeting a total payout ratio of 60%. |
| Resolution date | 24 April 2026 |
| Current number of treasury shares | 441,763 shares (excluding the BIP Trust, as of 31 March 2026). Treasury shares do not include the Company's shares held by The Master Trust Bank of Japan, Ltd. (Officers' Compensation BIP Trust Account). |
| Total number of issued shares | 12,767,017 shares (excluding treasury shares, as of 31 March 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 expand shareholder returns and improve capital efficiency in accordance with the shareholder return policy targeting a total payout ratio of 60%.