Decision on Share Buyback | July 15, 2026

Overview of Capital Policy

Papiros Co., Ltd. has decided to acquire its own shares in order to respond to changes in the management environment and promote flexible capital policy. The shares targeted for acquisition are common stock, with a maximum of 1,000,000 shares (11.52% of issued shares), and the acquisition period is from July 16, 2026, to September 30, 2026. The method of acquisition includes market purchases on the Tokyo Stock Exchange and off-market private transactions. The total acquisition amount is capped at 1,100 million yen, and it is also notified that the major shareholder Sega Sammy Holdings Inc. plans to sell its holdings.

Impact on Shareholders and Future Outlook

This share buyback aims to improve capital efficiency and enhance shareholder returns, seeking to reduce dilution and increase corporate value. The planned sale of shares by major shareholders may lead to changes in shareholder composition. Future shareholder returns and capital policy developments will attract attention, with the impact on stock price and corporate value after the completion of the buyback remaining a key point.