Komori
Treasury Stock9042Hankyu Hanshin Holdings,Inc.Transportation and Logistics

Notice Regarding Changes to the Shareholder Return Policy and the Determination of Matters Relating to the Acquisition of Treasury Shares

The shareholder returns policy has been revised to target a total payout ratio of at least 50% over the 6-year period from fiscal 2025 through fiscal 2030. Based on this policy, the company will acquire up to 7.5 million treasury shares for a maximum of ¥30 billion from 18 May 2026 through 29 October 2026.

Worth reading
73In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
750
10,000 shares
Wording
Definitive
How definitive the wording is.

Resolution on acquisition limit

Resolved 15 May 2026Market purchases on the Tokyo Stock Exchange
Total acquisition price¥30 billion (maximum)
Maximum number of shares to be acquired7.5 million shares (cap)The Company's common shares
3.14%Maximum number that can be acquired

The 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.

Acquisition period

18 May 2026–29 October 2026

Reason for acquisition

To enhance shareholder returns and improve capital efficiency

Reference (number of shares stated in the document)
Current number of treasury shares12,582,815 shares (as of 31 March 2026). Shares of the company held by the BIP trust for director compensation are not included in treasury shares.
Total number of issued shares238,915,419 shares (as of 31 March 2026, excluding treasury shares)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredThe Company's common shares
Maximum number of shares to be acquired7.5 million shares (cap)
Percentage of total issued shares3.14%
Total acquisition price¥30 billion (maximum)
Acquisition period18 May 2026–29 October 2026
Method of acquisitionMarket purchases on the Tokyo Stock Exchange
Reason for acquisitionTo enhance shareholder returns and improve capital efficiency
Resolution date15 May 2026
Current number of treasury shares12,582,815 shares (as of 31 March 2026). Shares of the company held by the BIP trust for director compensation are not included in treasury shares.
Total number of issued shares238,915,419 shares (as of 31 March 2026, excluding treasury shares)
Items this document does not state (6)
Number of shares to be retiredPercentage of total issued shares before retirementScheduled retirement dateTotal number of issued shares after retirementChange in acquisition periodChange in acquisition limit

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 shareholder returns policy was changed to enhance shareholder returns and improve capital efficiency, and to enable more flexible acquisitions and cancellations of treasury shares by taking into account cash flow conditions, share price trends and other factors.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Changes to the Shareholder Return Policy and the Determination of Matters Relating to the Acquisition of Treasury Shares | Hankyu Hanshin Holdings,Inc. (9042) timely disclosure | Komori