Resolution on acquisition limit
Resolved 14 April 2026① Purchases through the treasury share off-auction purchase transaction (ToSTNeT-3) ② Purchases on the auction market under a discretionary trading agreementThe 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.
15 April 2026 to 22 May 2026
The “TOHO VISION 2032 TOHO Group Management Strategy” sets out a policy of flexibly implementing treasury share acquisitions. Based on this policy, the Company will acquire and cancel treasury shares to improve capital efficiency and enhance returns to shareholders.
| Item | Details |
|---|---|
| Class of shares to be acquired | The Company's common shares |
| Maximum number of shares to be acquired | 7.5 million shares (cap) |
| Percentage of total issued shares | 0.89％ |
| Total acquisition price | ¥13 billion (maximum) |
| Acquisition period | 15 April 2026 to 22 May 2026 |
| Method of acquisition | ① Purchases through the treasury share off-auction purchase transaction (ToSTNeT-3) ② Purchases on the auction market under a discretionary trading agreement |
| Reason for acquisition | The “TOHO VISION 2032 TOHO Group Management Strategy” sets out a policy of flexibly implementing treasury share acquisitions. Based on this policy, the Company will acquire and cancel treasury shares to improve capital efficiency and enhance returns to shareholders. |
| Resolution date | 14 April 2026 |
| Number of shares to be retired | 30,000,000 shares |
| Percentage of total issued shares before retirement | 3.41% |
| Scheduled retirement date | 30 April 2026 |
| Total number of issued shares after retirement | 850,000,000 shares |
| Current number of treasury shares | 40,647,665 shares (before cancellation, as of the end of February 2026). Calculated assuming that a stock split had been conducted. Whether shares held in trust are included: not disclosed. |
| Total number of issued shares | 880,000,000 shares (before cancellation, as of the end of February 2026. No note is provided as to whether treasury shares are excluded.) |
Items this document does not state (2)
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 capital efficiency and enhance returns to shareholders, based on the policy of flexibly implementing treasury share acquisitions set out in the “TOHO VISION 2032 TOHO Group Management Strategy.”