Progress against acquisition limit
Acquisition completedCash purchase (from Mitsubishi Corporation)Partial acquisition and cancellation of Class A preferred shares completed. Acquisition and cancellation date: 30 June 2026
| Item | Details |
|---|---|
| Total number of shares acquired in this transaction | 110,400,000 shares |
| Total current acquisition price | ¥55,111,680,000 |
| Acquisition date/acquisition period | 30 June 2026 |
| Method of acquisition | Cash purchase (from Mitsubishi Corporation) |
| Percentage of total issued shares | 63.1% (percentage of total issued Class A preferred shares) |
| Whether acquisition has been completed | Partial acquisition and cancellation of Class A preferred shares completed. Acquisition and cancellation date: 30 June 2026 |
| Average Acquisition Price | ¥499.2 per share |
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.Following the approval and adoption of the proposal for a partial amendment to the Articles of Incorporation at the 98th Annual General Meeting of Shareholders held on 24 June this year, all of items ① through ④ have been completed. The company states that it aims to redeem all remaining Class A preferred shares over the next 2 years, achieve financial independence, change its market segment, and resume dividend payments to common shareholders.