Resolution on acquisition limit
Resolved 28 July 2026Market purchases on the Tokyo Stock Exchange under a discretionary trading agreementThe 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.
3 August 2026 to 30 October 2026
The Company regards returning profits to shareholders as one of its important management priorities. In its medium-term management plan, announced in May 2024 and covering the period from the fiscal year ended March 2025, the Company set a target of achieving a total payout ratio of at least 70% by the end of the third year through dividends and treasury share acquisitions. Under this policy, the Company had acquired approximately ¥2 billion of treasury shares by the fiscal year ended March 2026. During the fiscal year ended March 2026, the Company continued to achieve steady growth, with both net sales and operating profit reaching record highs. After comprehensively considering its financial position and market conditions, among other factors, as well as progress under the medium-term management plan, the Company decided to acquire treasury shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 1,600,000 shares (maximum) |
| Percentage of total issued shares | 1.28％ |
| Total acquisition price | ¥1 billion (maximum) |
| Acquisition period | 3 August 2026 to 30 October 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement |
| Reason for acquisition | The Company regards returning profits to shareholders as one of its important management priorities. In its medium-term management plan, announced in May 2024 and covering the period from the fiscal year ended March 2025, the Company set a target of achieving a total payout ratio of at least 70% by the end of the third year through dividends and treasury share acquisitions. Under this policy, the Company had acquired approximately ¥2 billion of treasury shares by the fiscal year ended March 2026. During the fiscal year ended March 2026, the Company continued to achieve steady growth, with both net sales and operating profit reaching record highs. After comprehensively considering its financial position and market conditions, among other factors, as well as progress under the medium-term management plan, the Company decided to acquire treasury shares. |
| Resolution date | 28 July 2026 |
| Current number of treasury shares | 2,441,523 shares (as of 30 June 2026) |
| Total number of issued shares | 124,734,777 shares (as of 30 June 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.The decision reflects the Company's emphasis on returning profits to shareholders and is based on its policy of achieving a total payout ratio of at least 70% set out in its medium-term management plan. The Company made the decision after comprehensively considering its treasury share acquisitions through the fiscal year ended March 2026, business growth, financial position, market conditions and progress under the medium-term management plan.