Resolution on acquisition limit
Resolved 18 June 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 18 June 2026 to 31 August 2026
To enhance corporate value, the Company is reviewing its capital structure with a view to achieving a sound capital structure and considering the resumption of dividend payments. As this has established a framework that enables the payment of dividends, the Company intends to return profits to shareholders to the greatest extent possible. The Company plans to pay a dividend of ¥5 per share at the end of the current fiscal year. While seeking to improve capital efficiency through proactive investment, the Company will consider the acquisition of treasury shares, depending on its capital position, in addition to dividends as an option for returning profits to shareholders. Based on this policy, the Company will acquire treasury shares as a shareholder return for its performance in the fiscal year ending August 2026.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 417,000 shares (maximum) |
| Percentage of total issued shares | 6.01％ |
| Total acquisition price | ¥100,000,000 (maximum) |
| Acquisition period | From 18 June 2026 to 31 August 2026 |
| Reason for acquisition | To enhance corporate value, the Company is reviewing its capital structure with a view to achieving a sound capital structure and considering the resumption of dividend payments. As this has established a framework that enables the payment of dividends, the Company intends to return profits to shareholders to the greatest extent possible. The Company plans to pay a dividend of ¥5 per share at the end of the current fiscal year. While seeking to improve capital efficiency through proactive investment, the Company will consider the acquisition of treasury shares, depending on its capital position, in addition to dividends as an option for returning profits to shareholders. Based on this policy, the Company will acquire treasury shares as a shareholder return for its performance in the fiscal year ending August 2026. |
| Resolution date | 18 June 2026 |
| Current number of treasury shares | 16,315 shares (as of 17 June 2026) |
| Total number of issued shares | 6,939,999 shares (excluding treasury shares; as of 17 June 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.The Company will return profits to shareholders because dividends have become possible following the elimination of the deficit in retained earnings. In addition to dividends, the Company will consider the acquisition of treasury shares, depending on its capital position, as an option for shareholder returns in order to improve capital efficiency.