Resolution on acquisition limit
Resolved 1 May 2026Market purchases on the Tokyo Stock ExchangeThe 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 7 May 2026 to 30 June 2026
The Company has announced a policy of conducting treasury share repurchases flexibly while comprehensively considering its financial position, share price level and other factors. The Company currently believes that its future earnings potential is not sufficiently reflected in its share price. To respond flexibly to this situation, it will set a treasury share repurchase limit with a maximum acquisition price of ¥1 billion.
| Item | Details |
|---|---|
| Class of shares to be acquired | Common shares |
| Maximum number of shares to be acquired | Up to 2.5 million shares |
| Percentage of total issued shares | 1.36% |
| Total acquisition price | ¥1 billion |
| Acquisition period | From 7 May 2026 to 30 June 2026 |
| Method of acquisition | Market purchases on the Tokyo Stock Exchange |
| Reason for acquisition | The Company has announced a policy of conducting treasury share repurchases flexibly while comprehensively considering its financial position, share price level and other factors. The Company currently believes that its future earnings potential is not sufficiently reflected in its share price. To respond flexibly to this situation, it will set a treasury share repurchase limit with a maximum acquisition price of ¥1 billion. |
| Resolution date | 1 May 2026 |
| Current number of treasury shares | 4,408,376 shares (as of 30 April 2026). Whether shares held in trust are included: Not disclosed. |
| Total number of issued shares | 187,846,582 issued shares excluding treasury shares (as of 30 April 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.To respond flexibly while comprehensively considering the Company's financial position, share price level and other factors. The Company believes that its future earnings potential is not sufficiently reflected in its current share price, and intends to use the acquired shares as funding for future M&A transactions in which shares are used as consideration, such as share exchanges and share deliveries, in order to achieve a higher growth rate in earnings per share.