Notice of Resolution on Matters Concerning Share Buyback and Cancellation of Treasury Stock (Based on the Articles of Incorporation under Article 165, Paragraph 2 of the Companies Act and Cancellation of Treasury Stock under Article 178 of the Companies Act)

Overview of Share Buyback and Cancellation

Toko Takaoka Corporation resolved to acquire treasury stock up to 1,300,000 shares of common stock (8.10% of total issued shares) with a total purchase price cap of 5 billion yen, based on Article 165, Paragraph 3 of the Companies Act, to enhance shareholder returns and improve capital efficiency. The acquisition period is from May 1, 2026 to September 30, 2026. Additionally, the company has resolved to cancel all acquired treasury shares in accordance with Article 178 of the Companies Act. The scheduled cancellation date is undecided and will be notified subsequently upon completion of the acquisition.

Impact on Shareholders and Future Outlook

This share buyback and cancellation are expected to increase the ratio of treasury stock to total issued shares and improve capital efficiency. The cancellation will reduce the number of issued shares, thereby potentially increasing the value per share. As of March 31, 2026, the number of treasury shares held is 224,431 shares, and the upper limit for this acquisition significantly exceeds this amount. The cancellation date is yet to be determined but will be promptly announced following the completion of the acquisition.