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We hereby notify whom it may concern that it was decided to acquire the company's shares by applying Paragraph 4, Clause 3 of the law regarding partial amendments to business methods (Law No.79, 2001) in accordance with Clause 3 of the Exemption Law for Consumption of Old Shares.
At this time, we also announce that the acquisition of stocks based on the board of directors' resolution on 12/27/01 was completed.
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| 1.Reason for the acquisition of the company's shares |
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The acquisition of the company's shares is executed in order to correct properly the supply-demand relationship for the company's stocks in the market. |
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2.Authorization situation in the board of directors
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| The kind of stocks to acquire |
Face-value common stock |
| The total of the stocks to acquire |
1,200,000 stocks
(maximum) |
| The total of a stock acquisition price |
1,200,000,000 yen
(maximum) |
(Reference )
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The total of the stocks which are set to articles of
association and which can be bought and effaced:
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3 million stocks
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Day which carried out the law on articles of association : 04/25/01
Henceforth Total of the acquired stocks:
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The number of purchase stocks |
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The total purchase amount |
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