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Notice of Acquisition of Company's Own Shares
(October 31, 2007) |
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At the Meeting of the Board of Directors convened on October 31, 2007, the Board resolved to acquire its own stocks under Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporation Law of Japan, as follows.
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Reason for acquisition |
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The Company decided to acquire its own shares with the aim of improving capital efficiency and
ensuring a flexible capital strategy in accordance with business environments. |
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Details of acquisition |
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(1) Type of shares to be acquired: |
Shares of common stock |
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(2) Number of shares to be acquired:
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Up to 2 million shares
(Equivalent to 0.7 % of outstanding shares) |
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(3) Total cost of acquisition: |
Up to 10 billion yen |
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(4) Period of acquisition: |
From November 1, 2007 to November 30, 2007 |
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(5) Method of acquisition: |
Purchase on the market through a trust bank |
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(Reference) |
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Status of treasury stock held as of September 30, 2007 |
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Total number of shares issued (excluding treasury stock): 285,602,570 shares |
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Number of treasury stock: 9,072,064 shares |
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