Resolution on acquisition limit
Resolved 16 June 2026Market 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.
17 June 2026 to 30 December 2026 (planned)
With respect to returning profits to shareholders, our basic policy is to consider and implement shareholder returns while maintaining a balance with retained earnings, taking into comprehensive consideration the trends in business performance and financial position, as well as future business and investment plans. In light of the new shareholder return policy announced on 31 October 2023, which targets a total payout ratio of more than 80% on a five-year average basis from the fiscal year ending March 2024 onward, and following continued consideration of share liquidity and share price trends, among other factors, the Company has decided to acquire treasury shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 43,000,000 shares (maximum) |
| Percentage of total issued shares | 4.86％ |
| Total acquisition price | ¥30 billion (maximum) |
| Acquisition period | 17 June 2026 to 30 December 2026 (planned) |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | With respect to returning profits to shareholders, our basic policy is to consider and implement shareholder returns while maintaining a balance with retained earnings, taking into comprehensive consideration the trends in business performance and financial position, as well as future business and investment plans. In light of the new shareholder return policy announced on 31 October 2023, which targets a total payout ratio of more than 80% on a five-year average basis from the fiscal year ending March 2024 onward, and following continued consideration of share liquidity and share price trends, among other factors, the Company has decided to acquire treasury shares. |
| Resolution date | 16 June 2026 |
| Number of shares to be retired | All treasury shares acquired pursuant to 2. above |
| Scheduled retirement date | 29 January 2027 |
| Current number of treasury shares | 7,707,341 shares (as of 31 March 2026) |
| Total number of issued shares | 884,325,031 shares (excluding treasury shares, as of 31 March 2026) |
Items this document does not state (4)
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.The Company will acquire treasury shares after considering its shareholder return policy, share liquidity and share price trends, among other factors. The acquisition will be funded using cash on hand, with borrowings and other sources of financing also to be used as necessary.