Resolution on acquisition limit
Resolved 23 July 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.
1 June 2026–31 December 2026
The Company is proceeding with the acquisition of treasury shares to improve capital efficiency and enhance shareholder returns, while implementing flexible capital policies to respond to future changes in the operating environment. After comprehensively considering the current share price, financial position and future business development, the Company determined that the acquisition would contribute to enhancing shareholder value and decided to secure an additional treasury share acquisition limit.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 4,000,000 shares (maximum) |
| Percentage of total issued shares | 21.02% |
| Total acquisition price | ¥2,000,000,000 (maximum) |
| Acquisition period | 1 June 2026–31 December 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company is proceeding with the acquisition of treasury shares to improve capital efficiency and enhance shareholder returns, while implementing flexible capital policies to respond to future changes in the operating environment. After comprehensively considering the current share price, financial position and future business development, the Company determined that the acquisition would contribute to enhancing shareholder value and decided to secure an additional treasury share acquisition limit. |
| Resolution date | 23 July 2026 |
| Current number of treasury shares | 82,551 shares (as of 31 March 2026) |
| Total number of issued shares | 18,950,642 shares (excluding treasury shares; as of 31 March 2026) |
| Change in acquisition period | 1 June 2026–31 December 2026 → 1 June 2026–31 December 2026（0%） |
| Change in acquisition limit | 1,000,000 shares (maximum), ¥500 million (maximum) → 4,000,000 shares (maximum), ¥2 billion (maximum)（300% (the revised limits for both shares and amount are four times the previous limits)） |
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.To improve capital efficiency and enhance shareholder returns, while implementing flexible capital policies to respond to future changes in the operating environment. After comprehensively considering the current share price, financial position and future business development, the Company determined that the acquisition would contribute to enhancing shareholder value.