Resolution on acquisition limit
Resolved 11 June 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.
12 June 2026 to 30 November 2026
The Company recognizes that its current share price is extremely undervalued relative to its favorable current earnings trends and expected future growth. Accordingly, the Company believes that acquiring its own shares at this time represents an investment opportunity that is more certain and offers substantially greater return efficiency than other investment opportunities.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 350,000 shares (maximum) |
| Percentage of total issued shares | 1.5% |
| Total acquisition price | ¥500,000,000 (maximum) |
| Acquisition period | 12 June 2026 to 30 November 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company recognizes that its current share price is extremely undervalued relative to its favorable current earnings trends and expected future growth. Accordingly, the Company believes that acquiring its own shares at this time represents an investment opportunity that is more certain and offers substantially greater return efficiency than other investment opportunities. |
| Resolution date | 11 June 2026 |
| Current number of treasury shares | 1,522 shares (as of 31 March 2026) |
| Total number of issued shares | 22,867,600 shares (excluding treasury shares, as of 31 March 2026) |
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.The current share price is considered extremely undervalued relative to the Company's favorable earnings trends and expected future growth. The Company therefore determined that repurchasing its own shares represents an investment opportunity with greater certainty and return efficiency than other investment opportunities.