Resolution on acquisition limit
Resolved 4 August 2026The 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 10 August 2026 to 15 May 2027
Under the capital policy of the Group, treasury share repurchases are to be implemented flexibly and as appropriate to improve capital efficiency and shareholder returns, taking into comprehensive consideration the optimal capital structure, financial position and share price level, among other factors. The Company will establish a ¥20 billion repurchase limit for the period through 15 May 2027 to address situations in which its future profitability is not fully reflected in its share price.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | Up to 10 million shares |
| Percentage of total issued shares | 5.58％ |
| Total acquisition price | Up to ¥20 billion |
| Acquisition period | From 10 August 2026 to 15 May 2027 |
| Reason for acquisition | Under the capital policy of the Group, treasury share repurchases are to be implemented flexibly and as appropriate to improve capital efficiency and shareholder returns, taking into comprehensive consideration the optimal capital structure, financial position and share price level, among other factors. The Company will establish a ¥20 billion repurchase limit for the period through 15 May 2027 to address situations in which its future profitability is not fully reflected in its share price. |
| Resolution date | 4 August 2026 |
| Current number of treasury shares | 4,606,396 shares (as of 31 July 2026). The number of treasury shares includes 133,280 shares held by the executive compensation BIP trust and the stock grant ESOP trust. |
| Total number of issued shares | 179,054,021 issued shares excluding treasury shares (as of 31 July 2026) |
Items this document does not state (7)
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 implement repurchases flexibly and as appropriate to improve capital efficiency and shareholder returns, taking into comprehensive consideration the optimal capital structure, financial position and share price level, among other factors. The Company also intends to address situations in which its future profitability is not fully reflected in its share price.