Resolution on acquisition limit
Resolved 27 October 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.
From 9 November 2026 to 31 March 2027
The company believes that its value is not sufficiently reflected in the current share price. In light of this situation, after comprehensively considering its financial position and capacity for future growth investment, the company decided to acquire treasury shares in order to achieve capital efficiency exceeding its cost of capital and enhance shareholder returns, in line with the basic shareholder return policy described in “1. (2) Reason for Dividends.”
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 510,739 shares (maximum) |
| Percentage of total issued shares | ４％ |
| Total acquisition price | ¥600 million (maximum) |
| Acquisition period | From 9 November 2026 to 31 March 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement |
| Reason for acquisition | The company believes that its value is not sufficiently reflected in the current share price. In light of this situation, after comprehensively considering its financial position and capacity for future growth investment, the company decided to acquire treasury shares in order to achieve capital efficiency exceeding its cost of capital and enhance shareholder returns, in line with the basic shareholder return policy described in “1. (2) Reason for Dividends.” |
| Resolution date | 27 October 2026 |
| Current number of treasury shares | 227 shares (as of 30 September 2026) |
| Total number of issued shares | 12,768,473 shares (as of 30 September 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 determined that its value is not sufficiently reflected in the current share price, and will seek to achieve capital efficiency exceeding its cost of capital and enhance shareholder returns in line with its basic shareholder return policy.