Resolution on acquisition limit
Resolved 2 September 2026Purchase through the Tokyo Stock Exchange, Inc.'s treasury share off-auction purchase transaction (ToSTNeT-3)The 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.
3 September 2026
To mitigate the short-term impact on the supply and demand of the Company's shares arising from the issuance of Euro-yen convertible bonds with stock acquisition rights subject to acquisition provisions due in 2031, and to facilitate the smooth execution of the financing. In addition, to limit dilution, improve capital efficiency, pursue agile capital policy in response to changes in the business environment, enhance shareholder value per share, and strengthen the return of profits to shareholders.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 2,248,000 shares (maximum) |
| Percentage of total issued shares | 3.35％ |
| Total acquisition price | ¥5 billion (maximum) |
| Acquisition period | 3 September 2026 |
| Method of acquisition | Purchase through the Tokyo Stock Exchange, Inc.'s treasury share off-auction purchase transaction (ToSTNeT-3) |
| Reason for acquisition | To mitigate the short-term impact on the supply and demand of the Company's shares arising from the issuance of Euro-yen convertible bonds with stock acquisition rights subject to acquisition provisions due in 2031, and to facilitate the smooth execution of the financing. In addition, to limit dilution, improve capital efficiency, pursue agile capital policy in response to changes in the business environment, enhance shareholder value per share, and strengthen the return of profits to shareholders. |
| Resolution date | 2 September 2026 |
| Total number of issued shares | Percentage of total issued shares excluding treasury shares: 3.35% (total: Not disclosed) |
Items this document does not state (7)
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 mitigate the short-term impact on the supply and demand of the Company's shares arising from the issuance of 2031-maturity Euro-yen convertible bonds with stock acquisition rights and an acquisition clause, and to facilitate the execution of the financing. The acquisition is also intended to curb share dilution, improve capital efficiency, pursue a flexible capital policy that responds to changes in the business environment, increase shareholder value per share, and enhance the return of profits to shareholders.