Resolution on acquisition limit
Resolved 24 August 2021Market 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.
From 24 August 2021 to 30 December 2021
The Company will repurchase treasury shares for the purpose of returning profits to shareholders, using the shares in M&A transactions, allocating them to restricted stock to be delivered to the Company's directors, and enabling the flexible implementation of capital policies in response to changes in the business environment, taking into comprehensive consideration the market price of the Company's shares, its 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 | 150,000 shares (maximum) |
| Percentage of total issued shares | 1.93％ |
| Total acquisition price | ¥100 million (maximum) |
| Acquisition period | From 24 August 2021 to 30 December 2021 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company will repurchase treasury shares for the purpose of returning profits to shareholders, using the shares in M&A transactions, allocating them to restricted stock to be delivered to the Company's directors, and enabling the flexible implementation of capital policies in response to changes in the business environment, taking into comprehensive consideration the market price of the Company's shares, its financial position and other factors. |
| Resolution date | 24 August 2021 |
| Current number of treasury shares | 65,762 shares (as of 20 August 2021; whether this includes shares held in trust is not stated) |
| Total number of issued shares | 7,754,252 shares (as of 20 August 2021, 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.The purpose is to return profits to shareholders, use the shares in M&A transactions, allocate them to restricted stock to be delivered to the Company's directors, and enable the flexible implementation of capital policies in response to changes in the business environment, taking into comprehensive consideration the market price of the Company's shares, its financial position and other factors.