Resolution on acquisition limit
Resolved 27 August 2026Acquisition pursuant to the company's Articles of IncorporationThe 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.
To reduce the burden of paying preferred dividends on the Class A preferred shares, the Company will acquire and cancel some of these preferred shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | Class A preferred shares |
| Maximum number of shares to be acquired | 3,750,000 shares |
| Percentage of total issued shares | 37.5% of the 10,000,000 issued Class A preferred shares |
| Total acquisition price | ¥1,709,530,718 |
| Method of acquisition | Acquisition pursuant to the company's Articles of Incorporation |
| Reason for acquisition | To reduce the burden of paying preferred dividends on the Class A preferred shares, the Company will acquire and cancel some of these preferred shares. |
| Resolution date | 27 August 2026 |
| Number of shares to be retired | 3,750,000 shares |
| Scheduled retirement date | 15 October 2026 |
| Total number of issued shares after retirement | 24,306,400 shares |
| Total number of issued shares | 28,056,400 shares (as of 31 July 2024: 18,056,400 common shares and 10,000,000 Class A preferred shares) |
Items this document does not state (5)
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 burden of paying preferred dividends on the Class A preferred shares.