Notice on Acquisition of treasury stock and tender offer

Overview of Capital Policy

As part of the medium-term management plan FY2025-27 for shareholder return, the company resolved at the board meeting to execute treasury stock acquisition and part of it via a tender offer (TOB). In this case, a portion of the shares held by Inoue Seiido will be purchased, a discount will be set to ensure equality among shareholders and market price transparency, the primary method will be market purchases with a certain discount to mitigate impact on the share price. Tender offer period: 2026-08-10 to 2026-09-07, purchase price expected to be about 5.9 billion yen, with available liquidity of 20,036 million yen as of 2026/03/31.

Impact on Shareholders and Outlook

The TOB aims to improve capital efficiency and strengthen shareholder returns through treasury stock acquisition; if applications exceed the cap, pro rata allocation will be applied. The plan for cancellation of acquired shares is undecided, but no significant impact on financial position is expected. Backed by intentions of major shareholders of Inoue Seiido to sell, conditions are set with consideration for fairness among shareholders. The tender offer is planned to be funded with internal funds.