Resolution on acquisition limit
Resolved 13 November 2026Tender offer for treasury sharesThe 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 16 November 2026 to 31 January 2027
To further return profits to shareholders, improve capital efficiency and enable the pursuit of agile capital policies in response to changes in the business environment and other factors. The acquisition of shares owned by TOPPAN Holdings is intended to contribute to improving the company's return on equity (ROE) and return on invested capital (ROIC), and to returning profits to shareholders.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 10,500,100 shares |
| Percentage of total issued shares | 22.21％ |
| Total acquisition price | ¥46,021,938,300 |
| Acquisition period | From 16 November 2026 to 31 January 2027 |
| Method of acquisition | Tender offer for treasury shares |
| Reason for acquisition | To further return profits to shareholders, improve capital efficiency and enable the pursuit of agile capital policies in response to changes in the business environment and other factors. The acquisition of shares owned by TOPPAN Holdings is intended to contribute to improving the company's return on equity (ROE) and return on invested capital (ROIC), and to returning profits to shareholders. |
| Resolution date | 13 November 2026 |
| Number of shares to be retired | 9,000,000 shares |
| Percentage of total issued shares before retirement | 19.03％ |
| Scheduled retirement date | 31 March 2027 |
| Total number of issued shares after retirement | 38,286,544 shares |
| Current number of treasury shares | 389,324 shares (as of 30 September 2026) |
| Total number of issued shares | 47,286,544 shares (as of 30 September 2026) |
Items this document does not state (2)
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 further return profits to shareholders, improve capital efficiency and pursue agile capital policies in response to changes in the business environment. The aim is to limit the impact on liquidity and market prices from the large-scale sale of TOPPAN Holdings shares, and to improve ROE and ROIC through a reduction in equity while returning profits to shareholders.