Decision and Details
Excess over the distributable amount due to restatement of prior-period financial statements
The total amount of dividends of surplus and share repurchases in prior periods exceeded the distributable amount calculated under the Companies Act and the Ordinance on Company Accounting, after taking into account the impact of the restatement of prior-period financial statements
| Item | Details |
|---|---|
| Matter Covered | Excess over the distributable amount due to restatement of prior-period financial statements |
| Decision Date | 30 September 2026 (disclosure date and date identified) |
| Implementation Date | 30 September 2026 (filing of the Annual Securities Report for the fiscal year ended March 2026 and restatement of prior-period financial statements) |
| Period Covered | From the fiscal year ended March 2022 through the fiscal year ended March 2026 |
| Amount | Share repurchases of ¥31,413 million in the fiscal year ended March 2022, dividends of surplus and share repurchases of ¥94,014 million in the fiscal year ended March 2023, dividends of surplus and share repurchases of ¥41,244 million in the fiscal year ended March 2024, dividends of surplus and share repurchases of ¥53,793 million in the fiscal year ended March 2025, and dividends of surplus of ¥22,960 million in the fiscal year ended March 2026 |
| Reason | The total amount of dividends of surplus and share repurchases in prior periods exceeded the distributable amount calculated under the Companies Act and the Ordinance on Company Accounting, after taking into account the impact of the restatement of prior-period financial statements |
| Governing Rule | Companies Act and Ordinance on Company Accounting |
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.The total amount of dividends of surplus and share repurchases in prior periods exceeded the distributable amount calculated under the Companies Act and the Ordinance on Company Accounting, after taking into account the impact of the restatement of prior-period financial statements.