(Disclosure item changes) Notice of suspension of treasury stock cancellation

Background and key points

This matter, as announced on June 11, 2025, had not decided on treasury stock acquisition and cancellation, but with this disclosure item change, it has been decided to suspend treasury stock cancellation. The reason cited is that mechanically maintaining flexibility to issue shares upon exercise of new stock acquisition rights (stock warrants) would contribute to medium- to long-term corporate value. Additionally, the cancellation items that were undecided as of June 11 have also not been implemented for the same reason.

Impact and outlook

By stopping treasury stock cancellation, the company can maintain agile capital policy while ensuring a framework to issue shares upon exercise of stock warrants. The flexibility in future capital policy operations could improve capital efficiency. On the other hand, the direct impact on shareholder returns through cancellation is unknown, and specific financial figures and new shareholder return policies will be disclosed separately.