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Notice of Acquisition of Company's Own Shares
(January 25, 2008) |
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At the Meeting of the Board of Directors convened on January 25, 2008, 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 2.5 million shares
(Equivalent to 0.8 % 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 February 1, 2008 to February 29, 2008 |
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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 December 31, 2007 |
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Total number of shares issued (excluding treasury stock): 283,650,921 shares |
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Number of treasury stock: 11,023,713 shares |
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