Resolution on acquisition limit
Resolved 17 July 2026Off-auction purchase (ToSTNeT-3)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.
To mitigate the impact on shareholders of potential share dilution associated with the issuance of the First Unsecured Convertible Bonds with Stock Acquisition Rights, the dilution associated with shares delivered upon the exercise of stock acquisition rights to be issued as stock options in the future, and the dilution associated with the delivery of shares as restricted stock compensation to the Company's officers and other eligible personnel, and to improve capital efficiency. The Company also obtained CyberAgent's consent to the partial sale of the Company's common shares.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 1,200,000 shares (maximum) |
| Percentage of total issued shares | 4.36％ |
| Total acquisition price | ¥600,000,000 (maximum) |
| Method of acquisition | Off-auction purchase (ToSTNeT-3) |
| Reason for acquisition | To mitigate the impact on shareholders of potential share dilution associated with the issuance of the First Unsecured Convertible Bonds with Stock Acquisition Rights, the dilution associated with shares delivered upon the exercise of stock acquisition rights to be issued as stock options in the future, and the dilution associated with the delivery of shares as restricted stock compensation to the Company's officers and other eligible personnel, and to improve capital efficiency. The Company also obtained CyberAgent's consent to the partial sale of the Company's common shares. |
| Resolution date | 17 July 2026 |
| Current number of treasury shares | 291,595 shares (as of 31 March 2026) |
| Total number of issued shares | 27,539,759 shares (excluding treasury shares, as of 31 March 2026) |
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.To mitigate the impact on shareholders of potential share dilution from convertible bonds with stock acquisition rights, future stock options and new share-based compensation, and to improve capital efficiency. The Company also obtained CyberAgent's consent to the partial sale of the Company's shares.