Resolution on acquisition limit
Resolved 12 November 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 15 May 2026 to 31 March 2027
Because the consolidated earnings forecast for the fiscal year ending March 2027 was revised upward, the treasury share acquisition programme will be expanded in line with the shareholder return policy: until ROE of 8% is achieved, the company aims for a total payout ratio of 100% through flexible implementation of dividends and treasury share acquisitions, while dividends will be paid actively with a payout ratio of approximately 70% as a guideline.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | 2.1 million shares (maximum, increase of 0.3 million shares) |
| Percentage of total issued shares | 2.6％ |
| Total acquisition price | ¥4.0 billion (maximum, increase of ¥0.6 billion) |
| Acquisition period | From 15 May 2026 to 31 March 2027 |
| Reason for acquisition | Because the consolidated earnings forecast for the fiscal year ending March 2027 was revised upward, the treasury share acquisition programme will be expanded in line with the shareholder return policy: until ROE of 8% is achieved, the company aims for a total payout ratio of 100% through flexible implementation of dividends and treasury share acquisitions, while dividends will be paid actively with a payout ratio of approximately 70% as a guideline. |
| Resolution date | 12 November 2026 |
| Current number of treasury shares | 2,135,954 shares (as of 31 October 2026) |
| Total number of issued shares | 80,864,046 shares (excluding treasury shares, as of 31 October 2026) |
| Change in acquisition period | From 15 May 2026 to 31 March 2027 → From 15 May 2026 to 31 March 2027（0％） |
| Change in acquisition limit | 1.8 million shares (maximum), ¥3.4 billion (maximum) → 2.1 million shares (maximum), ¥4.0 billion (maximum)（16.7% increase in shares, 17.6% increase in amount） |
Items this document does not state (5)
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.Following the upward revision to the consolidated earnings forecast for the fiscal year ending March 2027, the treasury share acquisition programme will be expanded in line with the shareholder return policy.