Resolution on acquisition limit
Resolved 13 May 2026The 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.
As the Company's earnings and equity have steadily recovered and equity has continued to increase stably, the Company will redeem all Class A preferred shares (through acquisition and cancellation) in order to reduce the payment burden associated with preferred dividends on these preferred shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | Class A preferred shares |
| Maximum number of shares to be acquired | 2,000 shares (100.00% of issued Class A preferred shares) |
| Percentage of total issued shares | 100.00% of issued Class A preferred shares |
| Total acquisition price | ¥2,082,468,580 |
| Reason for acquisition | As the Company's earnings and equity have steadily recovered and equity has continued to increase stably, the Company will redeem all Class A preferred shares (through acquisition and cancellation) in order to reduce the payment burden associated with preferred dividends on these preferred shares. |
| Resolution date | 13 May 2026 |
| Number of shares to be retired | 2,000 shares |
| Scheduled retirement date | 30 June 2026 |
Items this document does not state (8)
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 reduce the payment burden associated with preferred dividends on the Class A preferred shares, following the recovery of earnings and equity and their stable growth.