Resolution on acquisition limit
Resolved 6 November 2026Market purchases, including off-auction purchases of treasury shares (ToSTNeT-3)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.
From 9 November 2026 to 30 November 2026
The Company regards enhancing shareholder value as an important management priority and, under its medium-term management plan Walk the Talk 2028, has established continuous dividend increases and flexible repurchases of treasury shares as its shareholder return policy. Based on this policy, and after comprehensively taking into account the capital-market valuation of the Company's shares, its financial position and its capacity to invest for growth, among other factors, the Company will repurchase treasury shares in order to enhance corporate value by further improving capital efficiency.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares of the Company |
| Maximum number of shares to be acquired | Up to 3,500,000 shares |
| Percentage of total issued shares | 0.86% |
| Total acquisition price | Up to ¥3 billion |
| Acquisition period | From 9 November 2026 to 30 November 2026 |
| Method of acquisition | Market purchases, including off-auction purchases of treasury shares (ToSTNeT-3) |
| Reason for acquisition | The Company regards enhancing shareholder value as an important management priority and, under its medium-term management plan Walk the Talk 2028, has established continuous dividend increases and flexible repurchases of treasury shares as its shareholder return policy. Based on this policy, and after comprehensively taking into account the capital-market valuation of the Company's shares, its financial position and its capacity to invest for growth, among other factors, the Company will repurchase treasury shares in order to enhance corporate value by further improving capital efficiency. |
| Resolution date | 6 November 2026 |
| Current number of treasury shares | 31,322,247 shares (as of 31 October 2026). Whether this includes shares held in trust: Not disclosed |
| Total number of issued shares | 408,310,893 shares (excluding treasury shares, as of 31 October 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 purpose is to enhance shareholder value by comprehensively considering the stock market's valuation of the shares, the company's financial position and its capacity for growth investment, in line with the shareholder return policy in the medium-term management plan, and to increase corporate value through further improvements in capital efficiency.