Resolution on acquisition limit
Resolved 11 May 2026The 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.
12 May 2026 to 23 April 2027
The House Foods Group positions the return of profits to shareholders as one of its key management priorities and places emphasis on providing continuous and stable returns. Based on the new basic policy on profit distribution from the fiscal year ending March 2027, announced today, the Company will target a dividend on equity (DOE) of at least 3% and, in principle, implement progressive dividends. In addition, after taking into account market conditions, cash flow and other factors, the Company will implement flexible shareholder returns, including the acquisition of treasury shares. As an initiative in line with this basic policy, the Company will conduct this acquisition of treasury shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 12,000,000 shares (maximum) |
| Percentage of total issued shares | 13.16％ |
| Total acquisition price | ¥26,000,000,000 (maximum) |
| Acquisition period | 12 May 2026 to 23 April 2027 |
| Reason for acquisition | The House Foods Group positions the return of profits to shareholders as one of its key management priorities and places emphasis on providing continuous and stable returns. Based on the new basic policy on profit distribution from the fiscal year ending March 2027, announced today, the Company will target a dividend on equity (DOE) of at least 3% and, in principle, implement progressive dividends. In addition, after taking into account market conditions, cash flow and other factors, the Company will implement flexible shareholder returns, including the acquisition of treasury shares. As an initiative in line with this basic policy, the Company will conduct this acquisition of treasury shares. |
| Resolution date | 11 May 2026 |
| Number of shares to be retired | All acquired shares |
| Scheduled retirement date | After completion of the acquisition |
| Current number of treasury shares | 7,318,227 shares (as of 31 March 2026). This excludes 343,700 Company shares held by the trust established exclusively for the House Foods Group Head Office Employee Stock Ownership Plan. |
| Total number of issued shares | 91,180,189 shares (as of 31 March 2026, excluding treasury shares) |
Items this document does not state (5)
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 implement flexible shareholder returns in line with the new basic policy on profit distribution, with an emphasis on providing shareholders with continuous and stable returns.