Resolution on acquisition limit
Resolved 25 September 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.
20 business days from 18 November 2026 to 16 December 2026
Before the share consolidation, acquire some of the Company shares owned by CUC, Inc., M3, Inc. and M3 Career, Inc. among the shares not tendered. Maximize the tender offer price while ensuring fairness among shareholders.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 711,621 shares (maximum) |
| Percentage of total issued shares | 9.58％ |
| Total acquisition price | ¥1,222,564,878 |
| Acquisition period | 20 business days from 18 November 2026 to 16 December 2026 |
| Method of acquisition | Tender offer for treasury shares |
| Reason for acquisition | Before the share consolidation, acquire some of the Company shares owned by CUC, Inc., M3, Inc. and M3 Career, Inc. among the shares not tendered. Maximize the tender offer price while ensuring fairness among shareholders. |
| Resolution date | 25 September 2026 |
| Current number of treasury shares | 147,128 shares (as of 30 June 2026; whether this includes shares held in trust is not disclosed) |
| Total number of issued shares | 7,279,000 shares (as of 30 June 2026; whether this figure excludes treasury shares is not disclosed) |
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.In connection with the transaction, the Company will acquire some of the shares it owns from CUC, Inc., M3, Inc. and M3 Career, Inc. to adjust the holdings so that Kuroki (黒木) and others and the M3 Group hold the same number of shares. This is also intended to maximize the tender offer price while ensuring fairness among shareholders.