Resolution on acquisition limit
Resolved 12 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.
14 May 2026 to 30 November 2026
To further enhance shareholder value and promote the achievement of an optimal capital structure by using part of its excess capital for shareholder returns, based on the policy of reducing consolidated equity to approximately ¥70 billion by the end of fiscal 2027 in order to improve capital efficiency and corporate value.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 900,000 shares (maximum) |
| Percentage of total issued shares | 3.32％ |
| Total acquisition price | ¥1,700 million (maximum) |
| Acquisition period | 14 May 2026 to 30 November 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | To further enhance shareholder value and promote the achievement of an optimal capital structure by using part of its excess capital for shareholder returns, based on the policy of reducing consolidated equity to approximately ¥70 billion by the end of fiscal 2027 in order to improve capital efficiency and corporate value. |
| Resolution date | 12 May 2026 |
| Current number of treasury shares | 908,678 shares (as of 31 March 2026) |
| Total number of issued shares | 27,091,322 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.To use part of its excess capital for shareholder returns in order to improve capital efficiency and corporate value, further enhance shareholder value, and achieve an optimal capital structure.