June 19, 2025
Company: Tsubakimoto Chain Co.
Representative: Takatoshi Kimura, President and Representative Director (Code No.: 6371, Prime Market of the TSE)
Inquiries: Takeshi Tamura, Manager, Corporate Planning Department TEL +81 (6) 6441‐0054
Notice Concerning the Purchase of Treasury Shares through ToSTNeT‐3
Tsubakimoto Chain Co. (the "Company" hereinafter) resolved at the Board of Directors meeting held on May 14, 2025, on matters relating to the purchase of its treasury shares pursuant to the provisions of Article 156 of the Companies Act as applied by replacing certain terms under the provisions of Article 165, paragraph (3) of the same Act. Today, the Company has decided upon the specific method of purchase for the matters to be amended. Details are as follows.
Method of purchase
The Company will entrust the purchase of its treasury shares at a closing price of ¥1,770 as of this day (June 19, 2025) through ToSTNeT‐3 of the Tokyo Stock Exchange at 8:45 a.m. as of June 20, 2025 (no change to other trading systems and the trading time shall be made). In addition, the buy order shall be valid only at the trading time mentioned above.
Details of purchase
(1) Class of shares to be purchased
Common stock of the Company
Total number of shares to be
(2)
purchased
2,500,000 shares (maximum)
(Ratio to total number of shares issued (excluding treasury stock)
2.44 %)
(3) Total cost of the purchase
4,425,000,000 yen (maximum)
(4) Announcement of the results of the
purchase
The purchase results shall be announced after the close of trading at
8:45 a.m. as of June 20, 2025.
Notes:
The number of shares to be purchased as above shall not be changed. Please note that, depending on market conditions and other factors, all or part of the acquisition may not be carried out.
Purchase of the Company's own shares shall be conducted by matching the number of shares to be acquired with corresponding sell orders.
Other
Following the completion of the over‐the‐counter purchase of treasury shares, the company intends to carry out market purchases on the Tokyo Stock Exchange, within the remaining limit of the total number of shares and total amount authorized by the Board of Directors on May 14, 2025, after deducting the shares already acquired through the off‐auction own share repurchase (ToSTNeT‐3).
(Reference)
Resolutions of the Board of Directors Meeting held on May 14, 2025
(i) Details of acquisition
(1) Class of shares to be purchased
Common stock of the Company
Total number of shares to be
(2)
purchased
6,500,000 shares (maximum)
(6.34% of the total number of shares issued (excluding treasury stock))
(3) Total amount of share purchase
10 billion yen (maximum)
(4) Purchase period
June 2, 2025 ‐ December 30, 2025
(5) Method of purchase
Market purchase on the Tokyo Stock Exchange
(This includes the use of the Tokyo Stock Exchange's ToSTNeT‐3 self‐stock share purchase transaction.)
(1) Total number of shares purchased
0 shares
(2) Total amount of share purchase
0 yen
Repurchase of treasury stock based on the resolution of the Board of Directors meeting held on May 14, 2025 (as of June 19, 2025)