The Company hereby announces that pursuant to Article 156 of the Corporate Law of Japan as modified by the provision of Article 165, Paragraph 3 of the same law, the Company resolved the repurchase of the Company's own shares at the meeting of the Board of Directors held on January 31, 2007, 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: |
|
9,000,000 shares (Maximum)
(Approximately 0.6% of the shares issued) |
| (3) |
Aggregate amount of the repurchase cost: |
|
¥11,500,000,000 (Maximum) |
| (4) |
Period of repurchase: |
|
From February 1, 2007 to March 23, 2007 |
|
| (Reference) |
Status of the company's own shares as at December 31, 2006.
(a)The number of shares issued (except treasury shares) : 1,419, 175,428shares
(b)The number of shares held as treasury shares: 94,009,452 shares |
|
