Resolution on acquisition limit
Resolved 12 June 2026Acquisition pursuant to the company's Articles of Incorporation30 June 2026
To carry out a partial redemption (acquisition and cancellation) of the Class A preferred shares for the purpose of reducing the payment burden for preferred dividends and other related payments, in light of improvements in the business environment surrounding the company and its financial base, as well as future earnings trends.
| Item | Details |
|---|---|
| Class of shares to be acquired | Class A preferred shares (shares subject to acquisition provisions) |
| Total acquisition price | ¥10 million |
| Acquisition period | 30 June 2026 |
| Method of acquisition | Acquisition pursuant to the company's Articles of Incorporation |
| Reason for acquisition | To carry out a partial redemption (acquisition and cancellation) of the Class A preferred shares for the purpose of reducing the payment burden for preferred dividends and other related payments, in light of improvements in the business environment surrounding the company and its financial base, as well as future earnings trends. |
| Resolution date | 12 June 2026 |
| Number of shares to be retired | 10,000 shares |
| Scheduled retirement date | 30 June 2026 |
Items this document does not state (8)
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 reduce the payment burden for preferred dividends and other related payments on the Class A preferred shares, in light of improvements in the business environment and financial base, as well as future earnings trends.