Resolution on acquisition limit
Resolved 5 October 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.
From the business day following the settlement date for this offering, determined according to the date on which the offering price and other terms are determined for this offering, to 23 December 2026. The date on which the offering price and other terms are determined will be one day between 14 October 2026 (Wednesday) and 19 October 2026 (Monday), inclusive, and is hereinafter referred to as the “offering price determination date.” The business day following the settlement date is the sixth business day after the offering price determination date.
The Company will acquire treasury shares to strengthen shareholder returns and improve capital efficiency as set out in the medium-term management plan “Grow Forward 2029,” and to mitigate the impact on the supply and demand of the Company’s shares resulting from the offering of the Company’s shares announced in the “Notice Concerning Offering of Shares” dated 5 October 2026, hereinafter referred to as the “offering.”
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 2.4 million shares (maximum) |
| Percentage of total issued shares | 4.80％ |
| Total acquisition price | ¥3 billion (maximum) |
| Acquisition period | From the business day following the settlement date for this offering, determined according to the date on which the offering price and other terms are determined for this offering, to 23 December 2026. The date on which the offering price and other terms are determined will be one day between 14 October 2026 (Wednesday) and 19 October 2026 (Monday), inclusive, and is hereinafter referred to as the “offering price determination date.” The business day following the settlement date is the sixth business day after the offering price determination date. |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company will acquire treasury shares to strengthen shareholder returns and improve capital efficiency as set out in the medium-term management plan “Grow Forward 2029,” and to mitigate the impact on the supply and demand of the Company’s shares resulting from the offering of the Company’s shares announced in the “Notice Concerning Offering of Shares” dated 5 October 2026, hereinafter referred to as the “offering.” |
| Resolution date | 5 October 2026 |
| Current number of treasury shares | 4,815,489 shares (as of 5 October 2026). This does not take into account 3,007,500 treasury shares allocated in connection with the conversion request submitted by AAGS S14, L.P. dated 29 September 2026, or shares acquired or sold in odd-lot share transactions from 26 September through 5 October 2026. |
| Total number of issued shares | 49,976,750 shares (as of 5 October 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 strengthen shareholder returns and improve capital efficiency as set out in the medium-term management plan “Grow Forward 2029,” and to mitigate the impact of the offering on the supply and demand of the Company’s shares.