Resolution on acquisition limit
Resolved 29 May 2026Off-auction purchase transactions for treasury shares (ToSTNeT-3) and market purchases on the Tokyo Stock Exchange are planned.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.
From 1 June 2026 to 30 September 2026
To improve shareholder value over the medium to long term by promoting shareholder returns, including the proactive acquisition of treasury shares, based on cash flow, while focusing on the optimal capital structure and cash allocation, strengthening the company's earnings power, making the investments necessary to enhance corporate value, and maintaining financial soundness. The company also determined that acquiring treasury shares was desirable in light of the company's share-price trends and the need to improve capital efficiency.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 44,429,000 shares (maximum) |
| Percentage of total issued shares | 6.96％ |
| Total acquisition price | ¥130 billion (maximum) |
| Acquisition period | From 1 June 2026 to 30 September 2026 |
| Method of acquisition | Off-auction purchase transactions for treasury shares (ToSTNeT-3) and market purchases on the Tokyo Stock Exchange are planned. |
| Reason for acquisition | To improve shareholder value over the medium to long term by promoting shareholder returns, including the proactive acquisition of treasury shares, based on cash flow, while focusing on the optimal capital structure and cash allocation, strengthening the company's earnings power, making the investments necessary to enhance corporate value, and maintaining financial soundness. The company also determined that acquiring treasury shares was desirable in light of the company's share-price trends and the need to improve capital efficiency. |
| Resolution date | 29 May 2026 |
| Current number of treasury shares | 1,114,373 shares (as of 30 April 2026; whether this includes shares held in trust is Not disclosed) |
| Total number of issued shares | 638,057,694 shares (as of 30 April 2026; excluding treasury shares) |
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.To improve shareholder value over the medium to long term by promoting shareholder returns with a focus on the optimal capital structure and cash allocation. The company also determined that acquiring treasury shares was desirable in light of share-price trends and the need to improve capital efficiency.