(Note 1) No change will be made to the number of shares specified above. Note, however, that part or all of the repurchase may not be carried out depending on market trends and other factors. (Note 2) The purchase will be made on the basis of sell orders corresponding to the number of shares scheduled to be repurchased. (Note 3) As the total number of shares tendered in the tender offer for its own shares conducted by the Company from July 24 to August 26, 2024 exceeded the number of shares expected to be purchased, as described in the “Notice Concerning Results of Repurchase of Shares Through Tender Offer” announced by the Company on August 27, 2024, the Company conducted delivery in connection with the purchase of shares and other settlements in accordance with the pro rata method provided for in Article 27-13, Paragraph 5 of the Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended; the “Act”) that is applied mutatis mutandis pursuant to Article 27-22-2, Paragraph 2 of the Act, and Article 21 of the Cabinet Office Order on Disclosure Required for Tender Offer for Listed Share Certificates by Issuers (Ministry of Finance Order No. 95 of 1994, as amended). In the tender offer, Mitsui Sumitomo Insurance Company, Limited, Aioi Nissay Dowa Insurance Co., Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking Corporation, Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities Inc., who are the Company’s shareholders, tendered all or some of their shares of the Company’s common stock. However, as a result of the calculation using the pro rata method described above, these shareholders continued to hold certain remaining shares of the Company’s common stock following the tender offer. Of the shareholders described above, the Company has been informed by Tokio Marine & Nichido Fire Insurance Co., Ltd., MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities Inc. that they would sell all of their remaining shares of the Company’s common stock (excluding shares of less than one unit), and by Mitsubishi UFJ Trust and Banking Corporation that it would sell some of its remaining shares of the Company’s common stock, each in response to the Share Repurchase Through ToSTNeT-3. |
