Resolution on acquisition limit
Resolved 6 November 2026Off-auction purchase transaction (ToSTNeT-3)The 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.
Purchase through the Tokyo Stock Exchange off-auction purchase of treasury shares (ToSTNeT-3) at 8:45 a.m. on 9 November 2026
To achieve proactive shareholder returns and improved ROE, among other objectives, to pursue equity control by implementing shareholder returns with a focus on capital efficiency, to improve ROE and reduce the cost of shareholders’ equity, and to increase corporate value over the medium to long term. The company also aims to steadily execute the initiatives in the final year of the current medium-term management plan and lay the foundation for the next medium-term management plan.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares of the Company |
| Maximum number of shares to be acquired | 2,000,000 shares (maximum) |
| Percentage of total issued shares | 16.41％ |
| Total acquisition price | ¥3,284,000,000 (maximum) |
| Acquisition period | Purchase through the Tokyo Stock Exchange off-auction purchase of treasury shares (ToSTNeT-3) at 8:45 a.m. on 9 November 2026 |
| Method of acquisition | Off-auction purchase transaction (ToSTNeT-3) |
| Reason for acquisition | To achieve proactive shareholder returns and improved ROE, among other objectives, to pursue equity control by implementing shareholder returns with a focus on capital efficiency, to improve ROE and reduce the cost of shareholders’ equity, and to increase corporate value over the medium to long term. The company also aims to steadily execute the initiatives in the final year of the current medium-term management plan and lay the foundation for the next medium-term management plan. |
| Resolution date | 6 November 2026 |
| Scheduled retirement date | Scheduled for cancellation promptly after acquisition |
| Current number of treasury shares | 371,611 shares (as of 6 November 2026) |
| Total number of issued shares | 12,186,640 shares (as of 6 November 2026, excluding treasury shares) |
Items this document does not state (5)
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 improve ROE and reduce the cost of shareholders’ equity by implementing proactive shareholder returns and equity control with a focus on capital efficiency, and to execute the initiatives under the current medium-term management plan and lay the foundation for the next medium-term management plan.