Resolution on acquisition limit
Resolved 13 November 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.
15 May 2026–30 April 2027
To enhance shareholder returns and optimise the balance sheet, while continuing to maintain the status of the company as not being a foreign investor under the Foreign Exchange and Foreign Trade Act. In light of the fact that second-quarter results for the fiscal year ending March 2027 exceeded the earnings forecast, the upper limit on the total acquisition price will be raised after comprehensively considering the company's financial position and other factors.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 4 million shares (maximum) |
| Percentage of total issued shares | 16.9％ |
| Total acquisition price | ¥14 billion (upper limit) |
| Acquisition period | 15 May 2026–30 April 2027 |
| Reason for acquisition | To enhance shareholder returns and optimise the balance sheet, while continuing to maintain the status of the company as not being a foreign investor under the Foreign Exchange and Foreign Trade Act. In light of the fact that second-quarter results for the fiscal year ending March 2027 exceeded the earnings forecast, the upper limit on the total acquisition price will be raised after comprehensively considering the company's financial position and other factors. |
| Resolution date | 13 November 2026 |
| Current number of treasury shares | 269,733 shares (as of 31 October 2026) |
| Total number of issued shares | 23,730,267 shares (as of 31 October 2026, excluding treasury shares) |
| Change in acquisition period | 15 May 2026–30 April 2027 → 15 May 2026–30 April 2027（0％） |
| Change in acquisition limit | ¥11.2 billion (upper limit) → ¥14 billion (upper limit)（25％） |
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.In light of the fact that second-quarter results for the fiscal year ending March 2027 exceeded the earnings forecast, the company will raise the upper limit on the total acquisition price after comprehensively considering its financial position and other factors. The stated purposes of the treasury share acquisition are to enhance shareholder returns, optimise the balance sheet and maintain the status of not being a foreign investor under the Foreign Exchange and Foreign Trade Act.