November 12, 2025
To whom it may concern:
Company name: Carlit Co., Ltd. (URL: https://www.carlithd.co.jp)
Representative: Hirofumi Kaneko, Representative Director and President (Securities code: 4275; Prime Market of the Tokyo Stock Exchange) Inquiries: Akira Yamamoto, General Manager of Finance Department
(TEL: +81-3-6893-7075)
Notice Concerning the Decision on Matters Related to the Repurchase and Cancellation of Treasury Shares
(Repurchase of Treasury Shares Under the Provisions of the Articles of Incorporation Pursuant to the Provisions of Article 165, Paragraph (2) of the Companies Act and Cancellation of Treasury Shares Pursuant to the Provisions of Article 178 of the Companies Act)
Carlit Co., Ltd. (hereafter "the Company"), at the Board of Directors meeting held today, resolved the matters concerning the repurchase of treasury shares pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act and also resolved the matters concerning the cancellation of treasury shares pursuant to the provisions of Article 178 of the Companies Act. The details are as follows.
Reason for Repurchase and Cancellation of Treasury Shares
Our Medium-term Management Plan "Challenge 2027" (from the fiscal year ending March 31, 2026 to the fiscal year ending March 31, 2028) announced in March 2025 sets out the Group's financial policy of providing appropriate shareholder returns based on an optimal capital structure. Based on this policy, we have decided to repurchase and cancel treasury shares with the aim of providing flexible shareholder returns that are directed to improve capital efficiency.
Details of Matters Related to the Repurchase of Treasury Shares
(1) Class of shares to be
repurchased
Common shares of the Company
(2) Total number of shares to be repurchased
500,000 shares (maximum)
(2.2% of total number of issued shares (excluding treasury shares))
(3) Total amount of the repurchase
of shares
¥0.5 billion (maximum)
(4) Repurchase period
From November 13, 2025 to February 27, 2026
(5) Method of repurchase
Market purchase on the Tokyo Stock Exchange
As stated in the "Notice of Differences Between Consolidated Financial Results Forecasts and Actual Results for the Six Months Ended September 30, 2025, Revision to Full-Year Consolidated Financial Results Forecasts and Revision to Dividend Forecasts" also announced today (November 12, 2025), the Company plans to set the ordinary dividend for the fiscal year ending March 31, 2026, at ¥38.00 per share, which is an increase of ¥2.0 per share from the initial forecast.
For details on our policy for the Company's return of profits to shareholders, please refer to
"Notice Concerning Change in Shareholder Return Policy" announced May 15, 2025.
Details of Matters Related to Cancellation of Treasury Shares
(1) Class of shares to be cancelled | Common shares of the Company |
(2) Total number of shares to be cancelled | All treasury shares repurchased by the process described in "2." above. |
(3) Scheduled date of cancellation | March 27, 2026 |
(Reference) Holding status of treasury shares as of October 31, 2025
Total number of issued shares (excluding treasury shares) | 23,120,341 shares |
Number of treasury shares | 929,659 shares |
(Note) The total number of issued shares includes shares of the Company (388,600 shares) held by the Board Benefit Trust (BBT) and the Japanese version of Employee Stock Ownership Plan (J-ESOP).