Resolution on acquisition limit
Resolved 12 May 2026Market purchases on the Tokyo Stock Exchange under a discretionary trading agreementThe 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.
13 May 2026 to 7 August 2026
The Company will repurchase its own shares to enable improvements in capital efficiency and the flexible execution of its capital policy.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 25,000,000 shares (maximum) |
| Percentage of total issued shares | 1.11% |
| Total acquisition price | ¥35 billion (maximum) |
| Acquisition period | 13 May 2026 to 7 August 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange under a discretionary trading agreement |
| Reason for acquisition | The Company will repurchase its own shares to enable improvements in capital efficiency and the flexible execution of its capital policy. |
| Resolution date | 12 May 2026 |
| Current number of treasury shares | 54,275,208 shares (as of 31 March 2026), including 9,179,400 shares held by the employee stock ownership plan support trust, the stock benefit trust for directors and the stock benefit trust for employees. |
| Total number of issued shares | 2,307,136,666 shares (including treasury shares, as of 31 March 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.In light of the target of a total payout ratio of at least 50% under the medium-term management plan and the higher DOE target, the Company will accelerate the pace of dividend increases while enabling improvements in capital efficiency and the flexible execution of its capital policy. By combining share repurchases with increased dividends, the Company aims to further enhance shareholder returns.