【Company Name】Decision to Conduct Share Buyback｜May 2026

Overview of Capital Policy

Today, our Board of Directors resolved to acquire treasury stock. The purpose of the acquisition is to improve capital efficiency and enhance shareholder value. Market purchases will be conducted on the Tokyo Stock Exchange from May 15, 2026, to September 30, 2026. The maximum number of shares to be acquired is 9 million (approximately 1.9% of total issued shares), with approximately 59% of treasury stock scheduled to be canceled after the acquisition. This aims to prevent dilution of shares and strengthen shareholder return initiatives.

Impact on Shareholders and Future Outlook

The share buyback is expected to suppress share dilution and improve capital efficiency. After completion, approximately 59% of treasury stock will be canceled, likely leading to improvements in net assets per share and earnings indicators. Details such as the specific number of shares to be canceled and the timing will be announced separately, with the goal of maximizing shareholder value. We will promote appropriate capital policies while monitoring market conditions and stock price trends.