Resolution on acquisition limit
Resolved 28 April 2026Market purchases on the Tokyo Stock Exchange, off-auction purchases of treasury shares (ToSTNeT-3), and a 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 30 April 2026 to 31 March 2027
This treasury share acquisition will be conducted in accordance with the policy described above, with the aim of improving capital efficiency and enhancing corporate value. Going forward, the Company will continue to strengthen shareholder returns through stable and continuous dividends and flexible treasury share acquisitions, taking into account the balance between financial soundness and capital efficiency, as well as future investment trends.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 65,000,000 shares (maximum) |
| Percentage of total issued shares | 9.0％ |
| Total acquisition price | ¥100 billion (maximum) |
| Acquisition period | From 30 April 2026 to 31 March 2027 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange, off-auction purchases of treasury shares (ToSTNeT-3), and a tender offer for treasury shares |
| Reason for acquisition | This treasury share acquisition will be conducted in accordance with the policy described above, with the aim of improving capital efficiency and enhancing corporate value. Going forward, the Company will continue to strengthen shareholder returns through stable and continuous dividends and flexible treasury share acquisitions, taking into account the balance between financial soundness and capital efficiency, as well as future investment trends. |
| Resolution date | 28 April 2026 |
| Number of shares to be retired | 33,000,000 shares |
| Scheduled retirement date | 29 May 2026 |
| Current number of treasury shares | 34,451,032 shares (as of 31 March 2026) |
| Total number of issued shares | 724,572,870 shares (excluding treasury shares, as of 31 March 2026) |
| Change in acquisition period | From 1 May 2025 to 30 April 2026 → From 30 April 2026 to 31 March 2027 |
| Change in acquisition limit | 130,000,000 shares (maximum); ¥150 billion (maximum) → 65,000,000 shares (maximum); ¥100 billion (maximum) |
Items this document does not state (2)
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 purpose is to improve capital efficiency and enhance corporate value in line with the policies of the Medium-Term Management Plan 2028. The Company has also indicated its policy of strengthening shareholder returns through stable and continuous dividends and flexible treasury share acquisitions. The reason for discontinuing the previous acquisition is to implement the newly resolved acquisition.