Resolution on acquisition limit
Resolved 26 October 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.
The company received notice from Yoshihara Toshio (吉原俊夫), its founder, Representative Director and Chairman, who is a controlling shareholder other than the parent company and a major shareholder, of his intention to sell part of his holding in the company. The company determined that acquiring the shares as treasury shares would avoid an impact on the market, allow the shares to be used as funding for the restricted stock compensation plan, an incentive plan currently in place for officers and employees, enable the flexible execution of capital policy and contribute to improved capital efficiency.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 1,100,000 shares (maximum) |
| Percentage of total issued shares | 10.89％ |
| Total acquisition price | ¥1,417.9 million (maximum) |
| Method of acquisition | Off-auction purchase transaction (ToSTNeT-3) |
| Reason for acquisition | The company received notice from Yoshihara Toshio (吉原俊夫), its founder, Representative Director and Chairman, who is a controlling shareholder other than the parent company and a major shareholder, of his intention to sell part of his holding in the company. The company determined that acquiring the shares as treasury shares would avoid an impact on the market, allow the shares to be used as funding for the restricted stock compensation plan, an incentive plan currently in place for officers and employees, enable the flexible execution of capital policy and contribute to improved capital efficiency. |
| Resolution date | 26 October 2026 |
| Current number of treasury shares | 109,098 shares (as of 30 September 2026) |
| Total number of issued shares | 10,102,152 shares (excluding treasury shares, as of 30 September 2026) |
Items this document does not state (7)
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.The company received notice from its founder, a major shareholder, of his intention to sell part of his shareholding. The company will avoid the impact on the market price and other factors that could result if the shares were sold in the market over a short period, and will use the shares as funding for its restricted stock compensation plan, thereby supporting the flexible execution of capital policy and improving capital efficiency.