Resolution on acquisition limit
Resolved 14 May 2026Market purchases under a discretionary trading agreement for the acquisition of 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.
21 May 2026–30 September 2026
Recognizing the return of profits to shareholders as an important management priority, the Company has adopted a total payout ratio of at least 50% during the period of the Fourth Medium-Term Management Plan (fiscal years 2025-2027) as one of its shareholder return policies. Based on this policy, and with the aim of further improving capital efficiency, the Company has decided to acquire treasury shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 82 million shares (maximum) |
| Percentage of total issued shares | 3.04％ |
| Total acquisition price | ¥50 billion (maximum) |
| Acquisition period | 21 May 2026–30 September 2026 |
| Method of acquisition | Market purchases under a discretionary trading agreement for the acquisition of treasury shares |
| Reason for acquisition | Recognizing the return of profits to shareholders as an important management priority, the Company has adopted a total payout ratio of at least 50% during the period of the Fourth Medium-Term Management Plan (fiscal years 2025-2027) as one of its shareholder return policies. Based on this policy, and with the aim of further improving capital efficiency, the Company has decided to acquire treasury shares. |
| Resolution date | 14 May 2026 |
| Number of shares to be retired | The total number of treasury shares acquired under 2 above |
| Scheduled retirement date | The cancellation date will be separately resolved and announced by the Board of Directors after completion of the acquisition of treasury shares. |
| Current number of treasury shares | 7,355,949 shares (as of 14 May 2026) |
| Total number of issued shares | 2,699,410,600 shares (excluding treasury shares, as of 14 May 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.Based on the policy of a total payout ratio of at least 50% during the period of the Fourth Medium-Term Management Plan, and to further improve capital efficiency.