DENSO Corporation
Notice Regarding Resolution on Treasury Stock Acquisition
Resolved to acquire treasury stock. Maximum number of shares: 100,000,000 shares (up to 3.99% of issued shares); maximum acquisition amount: 200,000 million yen (20,000 hundred million yen? wait—must follow rule: translate unit only) Actually must translate units properly. Correction: 2,000 hundred million yen -> 2,000 hundred million yen. Acquisition period: 2026/10/30 to 2027/3/31; acquisition method: market purchase.
Key Figures
- Maximum number of shares to be acquired: 100,000,000 shares
- Maximum total acquisition amount: 2,000 hundred million yen
- Acquisition period: 2026-10-30 〜 2027-03-31
AI要約
Purpose and Policy of the Treasury Stock Acquisition
Under the mid-term management plan "CORE 2030," DENSO Corporation seeks to balance capital efficiency and maximization of corporate value, aiming to enhance shareholder returns and optimize capital structure. This acquisition is intended to provide shareholder returns mindful of capital costs and to improve capital structure; it will be executed flexibly while ensuring that the equity ratio does not exceed 60%. Although there was a tender offer by Toyota Industries Corporation in the past, this matter is a separate initiative.
Details of Acquisition Conditions and Outlook
The target for acquisition is the Company's common shares, with a maximum of 100,000,000 shares (up to 3.99% of issued shares), a total acquisition cap of 2,000 hundred million yen, and an acquisition period from 2026/10/30 to 2027/3/31. Acquisitions will be conducted through market purchases. The acquisition is part of a plan to prioritize growth investments while achieving appropriate capital structure and flexible shareholder returns. DENSO Corporation intends to continue acquiring treasury stock as circumstances require.
DENSO Corporation
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