Resolution on acquisition limit
Resolved 14 May 2026 (Thursday)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.
From 15 May 2026 to 31 July 2026
To return profits to shareholders, optimize the business portfolio strategy and capital structure, improve capital efficiency, strengthen the Company's management flexibility and autonomy, and enhance the flexibility of the business portfolio strategy and capital policy while ensuring the business relationship with Honda Motor Co., Ltd. and management stability
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 1,177,100 shares (maximum) |
| Percentage of total issued shares | 12.06％ |
| Total acquisition price | ¥1,107,651,100 |
| Acquisition period | From 15 May 2026 to 31 July 2026 |
| Method of acquisition | Tender offer for treasury shares |
| Reason for acquisition | To return profits to shareholders, optimize the business portfolio strategy and capital structure, improve capital efficiency, strengthen the Company's management flexibility and autonomy, and enhance the flexibility of the business portfolio strategy and capital policy while ensuring the business relationship with Honda Motor Co., Ltd. and management stability |
| Resolution date | 14 May 2026 (Thursday) |
| Current number of treasury shares | 8,776 shares (as of 31 March 2026; whether trust-held shares are included: Not disclosed) |
| Total number of issued shares | 9,754,824 shares (as of 31 March 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 return profits to shareholders, optimize the business portfolio strategy and capital structure, improve capital efficiency, strengthen management flexibility and autonomy, and enhance the flexibility of capital policy while maintaining business cooperation with Honda Motor Co., Ltd. and management stability. In addition, a portion of the shares in Honda Motor Co., Ltd. will be sold to reduce cross-shareholdings, improve capital efficiency, and ensure financial soundness and stability after the tender offer.