Resolution on acquisition limit
Resolved 12 May 2026Market purchasesThe 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.
12 November 2026–11 March 2027
Based on the policy set out in the Medium-Term Management Plan (fiscal years 2023–2025) to implement shareholder returns with a total payout ratio of at least 50% of cumulative net income excluding inventory valuation impacts for the three-year period, the Company will repurchase treasury shares for up to ¥25 billion.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 25,000,000 shares (maximum) |
| Percentage of total issued shares | 2.0％ |
| Total acquisition price | ¥25 billion (maximum) |
| Acquisition period | 12 November 2026–11 March 2027 |
| Method of acquisition | Market purchases |
| Reason for acquisition | Based on the policy set out in the Medium-Term Management Plan (fiscal years 2023–2025) to implement shareholder returns with a total payout ratio of at least 50% of cumulative net income excluding inventory valuation impacts for the three-year period, the Company will repurchase treasury shares for up to ¥25 billion. |
| Resolution date | 12 May 2026 |
| Number of shares to be retired | All treasury shares repurchased under 2. above |
| Scheduled retirement date | 31 March 2027 |
| Current number of treasury shares | 8,386,090 shares (as of 30 April 2026) |
| Total number of issued shares | 1,223,217,590 shares (excluding treasury shares, as of 30 April 2026) |
Items this document does not state (4)
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.This is based on the shareholder return policy set out in the Medium-Term Management Plan (fiscal years 2023–2025), which calls for a total payout ratio of at least 50% of cumulative net income excluding inventory valuation impacts for the three-year period.