Resolution on acquisition limit
Resolved 31 July 2026Acquisition through an off-auction closing-price transaction (ToSTNeT-1)The 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.
31 July 2026 to 3 August 2026
To address Image Frame Investment's need to sell its shares in the company, while limiting the impact on the supply-demand balance from the company's shares being released into the market over a short period and providing the selling shareholder with an opportunity to sell.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | Up to 4,736,300 shares (equivalent to 7.79% of the total voting rights of all shareholders as of 31 March 2026) |
| Percentage of total issued shares | Equivalent to 7.79% of the total voting rights of all shareholders as of 31 March 2026 |
| Acquisition period | 31 July 2026 to 3 August 2026 |
| Method of acquisition | Acquisition through an off-auction closing-price transaction (ToSTNeT-1) |
| Reason for acquisition | To address Image Frame Investment's need to sell its shares in the company, while limiting the impact on the supply-demand balance from the company's shares being released into the market over a short period and providing the selling shareholder with an opportunity to sell. |
| Resolution date | 31 July 2026 |
Items this document does not state (9)
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 address Image Frame Investment's need to sell its shares in the company, while limiting the impact on the supply-demand balance from the company's shares being released into the market over a short period and taking the interests of existing shareholders into consideration. In addition, to maintain financial soundness, liquidity on hand and flexibility in future capital policies by combining the acquisition of some treasury shares with this contract.