(Note 1) No change will be made to the number of shares specified
above. Note, however, that part or all of the repurchase may not be carried out depending on market trends and other factors.
(Note 2) The purchase will be made on the basis of sell orders corresponding to the number of
shares scheduled to be repurchased.
(Note 3) As the total number of shares tendered in the tender offer for its own shares conducted by
the Company from July 24 to August 26, 2024 exceeded the number of shares expected to be purchased, as described in the Notice Concerning Results of Repurchase of Shares Through Tender Offer announced by the Company on
August 27, 2024, the Company conducted delivery in connection with the purchase of shares and other settlements in accordance with the pro rata method provided for in Article 27-13, Paragraph 5 of the
Financial Instruments and Exchange Act (Act No. 25 of 1948, as amended; the Act) that is applied mutatis mutandis pursuant to Article 27-22-2, Paragraph
2 of the Act, and Article 21 of the Cabinet Office Order on Disclosure Required for Tender Offer for Listed Share Certificates by Issuers (Ministry of Finance Order No. 95 of 1994, as amended). In the tender offer, Mitsui Sumitomo Insurance
Company, Limited, Aioi Nissay Dowa Insurance Co., Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., MUFG Bank, Ltd., Mitsubishi UFJ Trust and Banking Corporation, Sumitomo Mitsui Banking Corporation, and SMBC Nikko Securities Inc., who
are the Companys shareholders, tendered all or some of their shares of the Companys common stock. However, as a result of the calculation using the pro rata method described above, these shareholders continued to hold certain remaining
shares of the Companys common stock following the tender offer. Of the shareholders described above, the Company has been informed by Tokio Marine & Nichido Fire Insurance Co., Ltd., MUFG Bank, Ltd., Sumitomo Mitsui Banking
Corporation, and SMBC Nikko Securities Inc. that they would sell all of their remaining shares of the Companys common stock (excluding shares of less than one unit), and by Mitsubishi UFJ Trust and Banking Corporation that it would sell some
of its remaining shares of the Companys common stock, each in response to the Share Repurchase Through ToSTNeT-3. |