Resolution on acquisition limit
Resolved 14 May 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.
15 May 2026–31 March 2027
The five-year medium-term management plan launched in fiscal 2025 has been positioned as the “investment harvesting phase,” and the company is strengthening shareholder returns. Specifically, the company aims to achieve a DOE (dividend on equity) of 6% and provide stable dividends through progressive dividend payments, while positioning treasury share acquisitions as “strategic investment in the company itself” and implementing them actively and flexibly. The company has decided to acquire treasury shares on this basis.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 2,500,000 shares |
| Percentage of total issued shares | 4.5％ |
| Total acquisition price | ¥5,000,000,000 |
| Acquisition period | 15 May 2026–31 March 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The five-year medium-term management plan launched in fiscal 2025 has been positioned as the “investment harvesting phase,” and the company is strengthening shareholder returns. Specifically, the company aims to achieve a DOE (dividend on equity) of 6% and provide stable dividends through progressive dividend payments, while positioning treasury share acquisitions as “strategic investment in the company itself” and implementing them actively and flexibly. The company has decided to acquire treasury shares on this basis. |
| Resolution date | 14 May 2026 |
| Current number of treasury shares | 2,006,640 shares (as of 31 March 2026). Includes the company’s shares held by the trust under the trust-based share-based compensation plan. |
| Total number of issued shares | 57,492,322 shares (as of 31 March 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 five-year medium-term management plan launched in fiscal 2025 has been positioned as the “investment harvesting phase,” and the company will strengthen shareholder returns. The company positions treasury share acquisitions as “strategic investment in the company itself” and intends to implement them actively and flexibly.