Resolution on acquisition limit
Resolved 13 November 2026Purchases through the Tokyo Stock Exchange, Inc.'s treasury share off-auction purchase transaction (ToSTNeT-3) and market tradingThe 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 16 November 2026 through 31 March 2027
Under its shareholder return policy for the medium-term management plan period, the company aims to achieve an average total payout ratio of approximately 55% by making flexible returns of profits to shareholders and conducting agile share repurchases, among other measures. Based on this policy, the company will acquire treasury shares to improve capital efficiency and enhance shareholder returns.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 50,000,000 shares (maximum) |
| Percentage of total issued shares | 4.6％ |
| Total acquisition price | ¥47,000,000,000 (maximum) |
| Acquisition period | From 16 November 2026 through 31 March 2027 |
| Method of acquisition | Purchases through the Tokyo Stock Exchange, Inc.'s treasury share off-auction purchase transaction (ToSTNeT-3) and market trading |
| Reason for acquisition | Under its shareholder return policy for the medium-term management plan period, the company aims to achieve an average total payout ratio of approximately 55% by making flexible returns of profits to shareholders and conducting agile share repurchases, among other measures. Based on this policy, the company will acquire treasury shares to improve capital efficiency and enhance shareholder returns. |
| Resolution date | 13 November 2026 |
| Current number of treasury shares | 34,382 shares (as of 30 September 2026). The treasury share count above does not include the company’s shares held by the stock delivery trust (BBT). |
| Total number of issued shares | 1,084,783,318 shares (as of 30 September 2026, 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.To improve capital efficiency and enhance shareholder returns, with the aim of achieving an average total payout ratio of approximately 55% over the medium-term management plan period, in line with the shareholder return policy. The company also cited the need to maintain JAPAN POST HOLDINGS Co.,Ltd.’s current ownership ratio after the acquisition.