 |
| (English translation) |
| July 29, 2004 |
|
| NOTICE REGARDING REPURCHASE
OF THE COMPANY'S OWN SHARES |
| (Repurchase
of company's own share pursuant to Article 211-3,paragraph 1,item
2 of the Commercial Code of Japan) |
| The Company hereby announces that pursuant to Article 211-3,paragraph
1, item 2 of the Commercial Code of Japan, it resolved the repurchase
of the Company's own shares, at the meeting of the Board of Directors
of the Company held on July 29, 2004,as follows: |
Particulars
| 1. |
Reason for Repurchase: |
|
To improve capital efficiency and to promote profit return to shareholders |
|
|
| 2. |
Contents of Repurchase : |
|
| (1) |
Types of shares to be repurchased |
: |
Shares of common stock of the Company |
| (2) |
Total number of shares to be repurchased |
: |
50,000,000 shares (Maximum)
(Approximately 3.3% of the shares issued) |
| (3) |
Aggregate amount of the repurchase cost |
: |
¥50,000,000,000 (Maximum) |
| (4) |
Period of repurchase |
: |
From July 30,2004 to March 31,2005 |
|
|
|
|
(Reference) |
|
Status of the company's own shares as at June 30,2004. |
|
| (a) |
The number of shares issued (except treasury stocks) : 1,454,
791,777 shares |
| (b) |
The number of shares held as treasury stock : 58,393,103 shares |
|
|
