Investment in Priority Areas and Strengthening the Financial Position through the Disposal of Treasury Shares

「Treasury stock decreased by 213,500 shares through its disposal as restricted stock compensation carried out on 16 August 2024.」

「At a Board of Directors meeting held on 12 May 2016, the company resolved to dispose of treasury stock through a public offering and a third-party allotment, the latter in connection with the sale of the company's shares through an over-allotment. It disposed of 5,000,000 common shares through the public offering, with 30 May 2016 as the payment date, and 41,100 common shares through the third-party allotment, with 20 June 2016 as the payment date. As a result, during the third quarter of the current consolidated cumulative period, capital surplus increased by ¥1,666,863 thousand and treasury stock decreased by ¥459,532 thousand. At the end of the third quarter of the current consolidated accounting period, capital surplus was ¥10,154,816 thousand and treasury stock was ¥757,277 thousand.」

「At a Board of Directors meeting held on 12 May 2016, the company resolved to dispose of treasury stock through a public offering and a third-party allotment, the latter in connection with the sale of the company's shares through an over-allotment. It disposed of 5,000,000 common shares through the public offering, with 30 May 2016 as the payment date, and 41,100 common shares through the third-party allotment, with 20 June 2016 as the payment date. As a result, during the third quarter of the current consolidated cumulative period, capital surplus increased by ¥1,666,863 thousand and treasury stock decreased by ¥459,532 thousand. At the end of the third quarter of the current consolidated accounting period, capital surplus was ¥10,154,816 thousand and treasury stock was ¥757,277 thousand.」

「At a Board of Directors meeting held on 12 May 2016, the company resolved to dispose of treasury stock through a public offering and a third-party allotment, the latter in connection with the sale of the company's shares through an over-allotment. It disposed of 5,000,000 common shares through the public offering, with 30 May 2016 as the payment date, and 41,100 common shares through the third-party allotment, with 20 June 2016 as the payment date. As a result, during the second quarter of the current consolidated cumulative period, capital surplus increased by ¥1,666,863 thousand and treasury stock decreased by ¥459,590 thousand. At the end of the second quarter of the current consolidated accounting period, capital surplus was ¥10,154,816 thousand and treasury stock was ¥757,219 thousand.」

「At a Board of Directors meeting held on 12 May 2016, the company resolved to dispose of treasury stock through a public offering and a third-party allotment, the latter in connection with the sale of the company's shares through an over-allotment. It disposed of 5,000,000 common shares through the public offering, with 30 May 2016 as the payment date, and 41,100 common shares through the third-party allotment, with 20 June 2016 as the payment date. As a result, during the first quarter of the current consolidated cumulative period, capital surplus increased by ¥1,666,863 thousand and treasury stock decreased by ¥459,645 thousand. At the end of the first quarter of the current consolidated accounting period, capital surplus was ¥10,154,816 thousand and treasury stock was ¥757,164 thousand.」

「The funds raised through the disposal of treasury stock are scheduled to be allocated to capital investment for renovation work at Toba Seaside Hotel and other projects, construction of Sanco Inn Iseshi Ekimae, and construction of the Anagawa mega-solar power plant. Through active investment in these focus areas to improve earnings capacity and strengthen the financial position by reinforcing capital, the company aims to build a sustainable management platform over the long term and further enhance corporate value.」