Resolution on acquisition limit
Resolved 31 March 2026Market purchases on the Tokyo Stock Exchange under a discretionary trading arrangement / market purchases through the off-auction own-share 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.
From 1 April 2026 until the earlier of: (1) 30 November 2026, or (2) the date on which either the maximum number of shares that may be acquired or the maximum total acquisition cost is reached
In line with the Company's capital allocation policy, the Company took into consideration its outlook for future investment capacity, share price levels, market conditions and financial position, with the aim of improving capital efficiency and enhancing shareholder returns.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 64,000,000 shares (upper limit) |
| Percentage of total issued shares | 4.58% |
| Total acquisition price | ¥350 billion (upper limit) |
| Acquisition period | From 1 April 2026 until the earlier of: (1) 30 November 2026, or (2) the date on which either the maximum number of shares that may be acquired or the maximum total acquisition cost is reached |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading arrangement / market purchases through the off-auction own-share purchase transaction (ToSTNeT-3) |
| Reason for acquisition | In line with the Company's capital allocation policy, the Company took into consideration its outlook for future investment capacity, share price levels, market conditions and financial position, with the aim of improving capital efficiency and enhancing shareholder returns. |
| Resolution date | 31 March 2026 |
| Number of shares to be retired | 91,408,000 shares |
| Scheduled retirement date | 23 March 2026 |
| Current number of treasury shares | 167,698,699 shares (as of 28 February 2026), including 47,433,836 of the Company's shares held by the trust account for the executive compensation BIP trust and the trust account for the share grant ESOP trust. Following the cancellation on 23 March 2026, the number of treasury shares will be 76,290,699. |
| Total number of issued shares | 1,396,213,450 shares (as of 28 February 2026, excluding treasury shares) |
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.In line with the Company's capital allocation policy, the Company took into consideration its outlook for future investment capacity, share price levels, market conditions and financial position, with the aim of improving capital efficiency and enhancing shareholder returns.