Resolution on acquisition limit
Resolved 31 July 2026Market purchases on the Tokyo Stock Exchange, including off-auction purchases of treasury shares through ToSTNeT-3The 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.
25 May 2026 to 24 May 2027
The Company will actively pursue growth investments, including M&A, by utilizing investment securities and other assets, while using acquisitions of treasury shares, in addition to shareholder dividends, as an important means of managing net assets. The Company also aims to improve capital efficiency and total shareholder return (TSR) through flexible acquisitions of treasury shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 5.5 million shares (maximum) |
| Percentage of total issued shares | 13.91% |
| Total acquisition price | ¥17 billion (maximum) |
| Acquisition period | 25 May 2026 to 24 May 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange, including off-auction purchases of treasury shares through ToSTNeT-3 |
| Reason for acquisition | The Company will actively pursue growth investments, including M&A, by utilizing investment securities and other assets, while using acquisitions of treasury shares, in addition to shareholder dividends, as an important means of managing net assets. The Company also aims to improve capital efficiency and total shareholder return (TSR) through flexible acquisitions of treasury shares. |
| Resolution date | 31 July 2026 |
| Current number of treasury shares | 2,976,975 shares (as of 30 June 2026) |
| Total number of issued shares | 39,353,845 shares, excluding treasury shares (as of 30 June 2026) |
| Change in acquisition period | 25 May 2026 to 30 April 2027 → 25 May 2026 to 24 May 2027 |
| Change in acquisition limit | 1.5 million shares (maximum), ¥4 billion (maximum) → 5.5 million shares (maximum), ¥17 billion (maximum)(266.67% increase in the number of shares and 325% increase in the acquisition cost) |
Items this document does not state (4)
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 pursue growth investments, including M&A, by utilizing investment securities and other assets, and to manage net assets through the acquisition of treasury shares. The Company also aims to improve capital efficiency and total shareholder return (TSR) through flexible acquisitions of treasury shares.