Resolution on acquisition limit
Resolved 21 May 2026Off-auction purchase transaction (ToSTNeT-3)The 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.
The Company will place a purchase order at 8:45 a.m. on 22 May 2026 in the Tokyo Stock Exchange's off-auction purchase of treasury shares (ToSTNeT-3). The purchase order will be valid only during that trading session.
The Company regards improving capital efficiency and increasing earnings per share as important management priorities. Following an indication from a major shareholder of its intention to sell its holdings, the Company has decided to conduct this acquisition of treasury shares in order to expand shareholder returns while avoiding an impact on the supply-demand balance in the market.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 600,000 shares (maximum) |
| Percentage of total issued shares | 6.2% |
| Total acquisition price | ¥426,000,000 (maximum) |
| Acquisition period | The Company will place a purchase order at 8:45 a.m. on 22 May 2026 in the Tokyo Stock Exchange's off-auction purchase of treasury shares (ToSTNeT-3). The purchase order will be valid only during that trading session. |
| Method of acquisition | Off-auction purchase transaction (ToSTNeT-3) |
| Reason for acquisition | The Company regards improving capital efficiency and increasing earnings per share as important management priorities. Following an indication from a major shareholder of its intention to sell its holdings, the Company has decided to conduct this acquisition of treasury shares in order to expand shareholder returns while avoiding an impact on the supply-demand balance in the market. |
| Resolution date | 21 May 2026 |
| Current number of treasury shares | 300,000 shares (as of 21 May 2026). No indication is provided as to whether shares held in trust are included. |
| Total number of issued shares | 9,700,000 shares (as of 21 May 2026, excluding treasury shares) |
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.Because the Company regards improving capital efficiency and increasing earnings per share as important management priorities. In addition, following an indication from a major shareholder of its intention to sell its holdings, the Company intends to expand shareholder returns while avoiding an impact on the supply-demand balance in the market.