Resolution on acquisition limit
Resolved 6 November 2026 (Friday)Tender 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.
9 November 2026 to 31 January 2027
The company concluded that acquiring its common shares as treasury shares would contribute to improving the company's earnings per share (EPS) and return on equity (ROE), thereby returning profits to its shareholders.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 880,100 shares |
| Percentage of total issued shares | 11.09% |
| Total acquisition price | ¥1,053,479,700 |
| Acquisition period | 9 November 2026 to 31 January 2027 |
| Method of acquisition | Tender offer for treasury shares |
| Reason for acquisition | The company concluded that acquiring its common shares as treasury shares would contribute to improving the company's earnings per share (EPS) and return on equity (ROE), thereby returning profits to its shareholders. |
| Resolution date | 6 November 2026 (Friday) |
| Current number of treasury shares | 244 shares (as of 6 November 2026; 244 shares are also reported as the number of treasury shares as of 30 September 2026) |
| Total number of issued shares | Total shares issued, excluding treasury shares: 7,934,156 shares (as of 6 November 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 include returning profits to shareholders, increasing EPS and ROE, limiting the impact on market liquidity and the market share price of a large-scale sale by E&E, and improving capital efficiency. The company also plans to consider using the acquired treasury shares for stock-based compensation and as consideration for M&A transactions.