Resolution on acquisition limit
Resolved 25 March 2026Acquisition for consideration by agreement with each preferred shareholder, conducted by notifying or publicly announcing the acquisition to all holders of Class 2 Preferred Shares, all holders of 2nd Series Class 6 Preferred Shares and all holders of 2nd Series Class 7 Preferred SharesFrom 1 July 2026 to 31 January 2027 (common to all 3 classes)
The Company decided to acquire treasury shares of the other preferred shares, namely Class 2 Preferred Shares, 2nd Series Class 6 Preferred Shares and 2nd Series Class 7 Preferred Shares, by the effective date of the share transfer. Following the share transfer, the Company and The Chiba Bank,Ltd. plan to consider the appropriate forms of capital support through the joint holding company, including through a capital increase and other methods, and will endeavor to secure a capital level of at least 8%, which is expected to be necessary for the Company to conduct its operations appropriately.
| Item | Details |
|---|---|
| Class of shares to be acquired | Class 2 Preferred Shares, 2nd Series Class 6 Preferred Shares and 2nd Series Class 7 Preferred Shares |
| Maximum number of shares to be acquired | Class 2 Preferred Shares: 1,500,000 shares (maximum); 2nd Series Class 6 Preferred Shares: 301,000 shares (maximum); 2nd Series Class 7 Preferred Shares: 4,723 shares (maximum) |
| Total acquisition price | Class 2 Preferred Shares: ¥6,000,000,000 (maximum); 2nd Series Class 6 Preferred Shares: ¥6,095,704,510 (maximum); 2nd Series Class 7 Preferred Shares: ¥2,397,136,027 (maximum) |
| Acquisition period | From 1 July 2026 to 31 January 2027 (common to all 3 classes) |
| Method of acquisition | Acquisition for consideration by agreement with each preferred shareholder, conducted by notifying or publicly announcing the acquisition to all holders of Class 2 Preferred Shares, all holders of 2nd Series Class 6 Preferred Shares and all holders of 2nd Series Class 7 Preferred Shares |
| Reason for acquisition | The Company decided to acquire treasury shares of the other preferred shares, namely Class 2 Preferred Shares, 2nd Series Class 6 Preferred Shares and 2nd Series Class 7 Preferred Shares, by the effective date of the share transfer. Following the share transfer, the Company and The Chiba Bank,Ltd. plan to consider the appropriate forms of capital support through the joint holding company, including through a capital increase and other methods, and will endeavor to secure a capital level of at least 8%, which is expected to be necessary for the Company to conduct its operations appropriately. |
| Resolution date | 25 March 2026 |
| Current number of treasury shares | As of 25 March 2026: 0 Class 2 Preferred Shares, 0 2nd Series Class 6 Preferred Shares and 10 2nd Series Class 7 Preferred Shares. Whether trust-held shares are included: Not disclosed |
| Total number of issued shares | As of 25 March 2026: total issued Class 2 Preferred Shares, excluding treasury shares, 1,500,000 shares; total issued 2nd Series Class 6 Preferred Shares, excluding treasury shares, 301,000 shares; total issued 2nd Series Class 7 Preferred Shares, excluding treasury shares, 4,723 shares |
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.In preparation for the share transfer with The Chiba Bank,Ltd. scheduled to take effect on 1 April 2027, the Company will acquire treasury shares of the other preferred shares by the effective date of the share transfer, in addition to the 1st Series Class 7 Preferred Shares scheduled to be acquired and cancelled on 1 April 2026. The Company will also endeavor to secure a capital level of at least 8%, which is expected to be necessary after the share transfer.