Resolution on acquisition limit
Resolved 13 August 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.
14 August 2026 to 12 February 2027
The Company believes that its share price during the six months from the beginning of 2026 had remained at a significantly undervalued level that did not adequately reflect its intrinsic corporate value. In response, the Company has decided to acquire treasury shares for a total purchase price of up to ¥5 billion.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 2.4 million shares (maximum) |
| Percentage of total issued shares | 4.04％ |
| Total acquisition price | ¥5 billion (maximum) |
| Acquisition period | 14 August 2026 to 12 February 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement |
| Reason for acquisition | The Company believes that its share price during the six months from the beginning of 2026 had remained at a significantly undervalued level that did not adequately reflect its intrinsic corporate value. In response, the Company has decided to acquire treasury shares for a total purchase price of up to ¥5 billion. |
| Resolution date | 13 August 2026 |
| Current number of treasury shares | 400,014 shares (as of 30 June 2026, including the Company's shares held by Custody Bank of Japan, Ltd., Trust E Account, as trust assets for the employee incentive plan, the Stock Benefit Trust (J-ESOP)) |
| Total number of issued shares | 59,381,388 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 Company states that its share price during the six months from the beginning of 2026 had remained at a significantly undervalued level that did not adequately reflect its intrinsic corporate value, and that it will therefore acquire treasury shares.