Resolution on acquisition limit
Resolved 11 May 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 May 2026 to 30 September 2026
Under the shareholder return policy in the Medium-Term Management Plan 2026, the company has set a target of a total payout ratio of at least 50%. Based on this policy, the company will acquire treasury shares to enable the flexible execution of capital policy, enhance shareholder returns and improve capital efficiency.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 1,424,900 shares (maximum) |
| Percentage of total issued shares | 2.0％ |
| Total acquisition price | ¥1.6 billion (maximum) |
| Acquisition period | 12 May 2026 to 30 September 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | Under the shareholder return policy in the Medium-Term Management Plan 2026, the company has set a target of a total payout ratio of at least 50%. Based on this policy, the company will acquire treasury shares to enable the flexible execution of capital policy, enhance shareholder returns and improve capital efficiency. |
| Resolution date | 11 May 2026 |
| Current number of treasury shares | 2,258,660 shares (as of 31 March 2026) |
| Total number of issued shares | 71,242,765 shares (as of 31 March 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.Under the shareholder return policy in the Medium-Term Management Plan 2026, the company has set a target of a total payout ratio of at least 50%. Based on this policy, the acquisition is intended to enable the flexible execution of capital policy, enhance shareholder returns and improve capital efficiency.