Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.
October, 14, 2025
Listed company name: NIPPN CORPORATION
Representative: Toshiya Maezuru, President and CEO
Listing: The Prime Market of the Tokyo Stock Exchange
Code number: 2001
Contact: Hideaki Kataoka, General Manager of Corporate Communications Div. TEL: +81-3-3511-5307
Notice Regarding Resolution on Acquisition of Own Shares(Acquisition of own shares under the provisions of the Articles of Incorporation pursuant to Article 459, Paragraph 1 of the Companies Act)
NIPPN CORPORATION (President & CEO: Toshiya Maezuru; Head Office: Chiyoda-ku, Tokyo; the "Company") hereby announces that a resolution was adopted by the Board of Directors on October 14, 2025 in relation to an acquisition of its own shares under the provisions of Article 459, Paragraph 1 of the Companies Act and the Company's Article of Incorporation.
Purpose of the Acquisition
The Company resolved to acquire its own shares in order to improve shareholder returns and capital efficiency as well as mitigate the impact of the secondary offering of ordinary shares announced today in the press release titled "Notice Regarding Secondary Offering of Shares" on demand for Company shares.
Details of the Acquisition
(1) | Class of shares to be acquired | Common stock of the Company |
(2) | Total number of shares authorized to be acquired | 2,200,000 shares (maximum) (2.61% of total outstanding shares (excluding treasury stock)) |
(3) | Total purchase amount of shares to be acquired | 4,000 million yen (maximum) |
(4) | Acquisition period | From Tuesday, November 25, 2025 to Tuesday, March 31, 2026 |
(5) | Method of acquisition | Market purchase on Tokyo Stock Exchange, Inc. |
Total number of outstanding stock (excluding treasury stock) | 84,210,694 shares |
Number of shares of treasury stock | 516,469 shares |
(Note) All or a part of the acquisition may not be made depending on the market trends, etc. (Reference) Treasury stock owned as of September 30, 2025
End