Resolution on acquisition limit
Resolved 28 April 2026Tender offer for treasury sharesThe 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 30 April 2026 to 31 July 2026
To provide greater returns to shareholders, improve capital efficiency, and enable the pursuit of flexible capital policies in response to changes in the operating environment and other factors. The tender offer will also address concerns regarding future market supply and demand for the Company's common shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 184,897,756 shares (maximum) |
| Percentage of total issued shares | 6.35％ |
| Total acquisition price | ¥313,586,594,176 (maximum) |
| Acquisition period | From 30 April 2026 to 31 July 2026 |
| Method of acquisition | Tender offer for treasury shares |
| Reason for acquisition | To provide greater returns to shareholders, improve capital efficiency, and enable the pursuit of flexible capital policies in response to changes in the operating environment and other factors. The tender offer will also address concerns regarding future market supply and demand for the Company's common shares. |
| Resolution date | 28 April 2026 |
| Current number of treasury shares | 218,934,287 shares (as of 31 March 2026) |
| Total number of issued shares | 2,692,045,404 shares (excluding treasury shares, as of 31 March 2026) |
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 objectives are to provide greater returns to shareholders, improve capital efficiency, enhance the capital structure, and pursue flexible capital policies in response to changes in the operating environment. The tender offer will also address the impact on the market price and liquidity of the Company's shares resulting from the sale into the market of the Company's shares held by Toyota Industries Corporation.