Resolution on acquisition limit
Resolved 15 May 2026Off-auction purchase (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.
Under its current medium-term management plan, “Challenge2027” (fiscal years 2025 through 2027), the Company has established the provision of appropriate shareholder returns in light of its optimal capital structure as a group financial policy. Based on this policy, the Company decided to acquire treasury shares with the aim of making flexible returns to shareholders with a focus on improving capital efficiency.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 364,900 shares (maximum) |
| Percentage of total issued shares | 1.6％ |
| Total acquisition price | ¥1 billion (maximum) |
| Method of acquisition | Off-auction purchase (ToSTNeT-3) |
| Reason for acquisition | Under its current medium-term management plan, “Challenge2027” (fiscal years 2025 through 2027), the Company has established the provision of appropriate shareholder returns in light of its optimal capital structure as a group financial policy. Based on this policy, the Company decided to acquire treasury shares with the aim of making flexible returns to shareholders with a focus on improving capital efficiency. |
| Resolution date | 15 May 2026 |
| Current number of treasury shares | 92,363 shares (as of 31 March 2026). A note explains the relationship with the number of issued shares, including 429,200 of the Company’s shares held by the Board Benefit Trust (BBT) and the Stock Benefit Trust (J-ESOP). |
| Total number of issued shares | 22,848,237 shares (excluding treasury shares, as of 31 March 2026). Includes 429,200 of the Company’s shares held by the Board Benefit Trust (BBT) and the Stock Benefit Trust (J-ESOP). |
Items this document does not state (7)
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 make flexible returns to shareholders with a focus on improving capital efficiency, based on the policy of providing appropriate shareholder returns in light of the optimal capital structure set out in the current medium-term management plan, “Challenge2027.”