Resolution on acquisition limit
Resolved 11 June 2026Off-auction purchase of treasury shares on the Tokyo Stock Exchange (ToSTNeT-3) and market purchasesThe 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 June 2026
To enhance shareholder returns, improve the company's financial position and capital efficiency, and ensure continued compliance with the listing maintenance criteria for the Tokyo Stock Exchange Prime Market. The company also aims to reduce its dependence on specific individual shareholders, strengthen its governance structure over the medium to long term, and maintain and improve share liquidity. Securing flexibility in an agile capital policy using treasury shares is also an objective.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 1,200,000 shares (maximum) |
| Percentage of total issued shares | 2.14％ |
| Total acquisition price | ¥700,000,000 (maximum) |
| Acquisition period | 12 June 2026 to 30 June 2026 |
| Method of acquisition | Off-auction purchase of treasury shares on the Tokyo Stock Exchange (ToSTNeT-3) and market purchases |
| Reason for acquisition | To enhance shareholder returns, improve the company's financial position and capital efficiency, and ensure continued compliance with the listing maintenance criteria for the Tokyo Stock Exchange Prime Market. The company also aims to reduce its dependence on specific individual shareholders, strengthen its governance structure over the medium to long term, and maintain and improve share liquidity. Securing flexibility in an agile capital policy using treasury shares is also an objective. |
| Resolution date | 11 June 2026 |
| Current number of treasury shares | 2,052,315 shares (as of 31 January 2026; no change in the number of shares as of 31 May; whether trust-held shares are included: Not disclosed) |
| Total number of issued shares | 56,094,873 shares (as of 31 January 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.The company will comprehensively consider the share price level, capital efficiency and financial condition to enhance shareholder returns, improve its financial position and capital efficiency, and ensure continued compliance with the listing maintenance criteria for the Tokyo Stock Exchange Prime Market. It also aims to reduce its dependence on specific individual shareholders, strengthen its governance structure over the medium to long term, maintain and improve share liquidity, and secure flexibility in an agile capital policy using treasury shares.