Resolution on acquisition limit
Resolved 21 May 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.
22 May 2026–31 August 2026
Following a review from the perspective of capital efficiency, taking into account the medium-term P/L targets and current EPS levels, the Company determined that this acquisition of treasury shares is economically rational and will contribute to enhancing its corporate value over the medium to long term. The acquisition is also positioned as an agile capital policy measure while maintaining the basic policy of prioritizing investment that contributes to business growth. The acquired treasury shares are expected to be used to enhance corporate value going forward, including for future strategic M&A and incentives such as grants of restricted stock (RS) to the Company's directors and employees.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 200,000 shares (maximum) |
| Percentage of total issued shares | 2.7% |
| Total acquisition price | ¥1,000,000,000 (maximum) |
| Acquisition period | 22 May 2026–31 August 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | Following a review from the perspective of capital efficiency, taking into account the medium-term P/L targets and current EPS levels, the Company determined that this acquisition of treasury shares is economically rational and will contribute to enhancing its corporate value over the medium to long term. The acquisition is also positioned as an agile capital policy measure while maintaining the basic policy of prioritizing investment that contributes to business growth. The acquired treasury shares are expected to be used to enhance corporate value going forward, including for future strategic M&A and incentives such as grants of restricted stock (RS) to the Company's directors and employees. |
| Resolution date | 21 May 2026 |
| Current number of treasury shares | 150,000 shares (as of 28 February 2026) |
| Total number of issued shares | 7,506,441 shares (excluding treasury shares, as of 28 February 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.Following a review from the perspective of capital efficiency, taking into account the medium-term P/L targets and current EPS levels, the Company determined that the acquisition of treasury shares is economically rational and will contribute to enhancing corporate value over the medium to long term. The Company will maintain its basic policy of prioritizing investment in business growth while implementing the acquisition as an agile capital policy measure. The acquired shares are expected to be used for future strategic M&A and grants of restricted stock (RS) to directors and employees.