Decision to Acquire Treasury Shares | May 2026

Overview of Capital Policy

Axial Retailing has decided to acquire up to 2,000,000 shares (maximum of 2,000,000,000 yen) through open market purchases from May 27, 2026, to December 31, 2026, to improve capital efficiency and respond to changes in the business environment. The acquisition will target common shares and is scheduled to be conducted during the acquisition period. This will increase the proportion of treasury stock holdings, with expectations of enhanced shareholder returns and improved capital efficiency.

Impact on Shareholders and Future Outlook

This share buyback aims to improve capital efficiency and maximize shareholder value. The proportion of treasury stock to total issued shares will increase through the buyback, but dilution of shares is expected to be restrained. Going forward, the company intends to continue flexible capital policies in response to changing business conditions, aiming to further enhance shareholder value.