Resolution on acquisition limit
Resolved 28 October 2026Market purchases on the Tokyo Stock ExchangeThe 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.
29 October 2026 to 24 March 2027
The Company's shareholder return policy targets a total payout ratio of at least 50% over the cumulative three-year period of the Third Medium-Term Management Plan. Taking into consideration the fiscal 2026 earnings outlook announced today and the Company's cash on hand, the Company will acquire treasury shares to enhance shareholder returns and capital efficiency.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 11 million shares (maximum) |
| Percentage of total issued shares | 1.5% |
| Total acquisition price | ¥280 billion (maximum) |
| Acquisition period | 29 October 2026 to 24 March 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company's shareholder return policy targets a total payout ratio of at least 50% over the cumulative three-year period of the Third Medium-Term Management Plan. Taking into consideration the fiscal 2026 earnings outlook announced today and the Company's cash on hand, the Company will acquire treasury shares to enhance shareholder returns and capital efficiency. |
| Resolution date | 28 October 2026 |
| Current number of treasury shares | 10,047,095 shares (as of 30 September 2026; whether this includes shares held in trust: Not disclosed) |
| Total number of issued shares | 721,952,905 shares (as of 30 September 2026; excluding treasury shares) |
Items this document does not state (6)
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.Based on the shareholder return policy targeting a total payout ratio of at least 50% over the cumulative three-year period of the Third Medium-Term Management Plan, the Company will acquire treasury shares to enhance shareholder returns and capital efficiency, taking into consideration the fiscal 2026 earnings outlook and its cash on hand.