Notice Concerning Decision on Matters Related to Acquisition of Treasury Stock (Acquisition of Treasury Stock Based on the Provisions of the Articles of Incorporation Pursuant to Article 165, Paragraph 2 of the Companies Act)
Maeda Kosen Co., Ltd., a manufacturer of civil engineering materials, has resolved to acquire its own shares for up to 1 billion yen to improve capital efficiency and shareholder returns. The maximum number of shares to be acquired is 500,000 (0.74%), which will be purchased via ToSTNeT-3.
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 23:50
- 🔍 Collected: May 14, 2026 at 15:02
- 🤖 AI Analyzed: May 15, 2026 at 04:39 (13h 36m after Collected)
Maeda Kosen Co., Ltd. (Headquarters: Minato-ku, Tokyo; President: Naohiro Maeda), which manufactures and sells civil engineering/construction materials and various non-woven fabrics, announces that at its Board of Directors meeting held on May 14, 2026, it has resolved matters concerning the acquisition of its own shares based on the provisions of Article 156 of the Companies Act, as applied by reading through Article 165, Paragraph 3 of the same Act, as described below.
**Details**
1. **Reason for Acquiring Treasury Stock**
To improve capital efficiency and enhance shareholder returns.
2. **Details of the Acquisition**
(1) Class of Shares to be Acquired: Common stock of the Company
(2) Total Number of Shares to be Acquired: 500,000 shares (maximum)
(Ratio to total number of issued shares (excluding treasury stock): 0.74%)
(3) Total Acquisition Price of Shares: 1 billion yen (maximum)
(4) Acquisition Period: May 15, 2026 to September 30, 2026
(5) Acquisition Method: Purchase through the Tokyo Stock Exchange's off-auction treasury share trading system (ToSTNeT-3).
(Note 1) Depending on market trends, etc., part or all of the acquisition may not be carried out.
(Note 2) The Company has been informed by its Chairman and Representative Director, Mr. Masatoshi Maeda, of his intention to sell the common shares of the Company that he holds.
3. **Measures to Avoid Conflicts of Interest**
In the Board of Directors' resolution for this treasury stock acquisition, the Chairman and Representative Director, Mr. Masatoshi Maeda, who is the intended counterparty for this acquisition, is considered a specially interested person and therefore did not participate in the deliberation and resolution. Furthermore, his eldest son, the President and Representative Director, Mr. Naohiro Maeda, also voluntarily refrained from participating in the deliberation and resolution as he could potentially be considered a specially interested person.
**End**
(Reference) Status of Treasury Stock Holdings as of March 31, 2026
- Total number of issued shares (excluding treasury stock): 67,186,037 shares
- Number of treasury shares: 894,575 shares
**About Maeda Kosen Co., Ltd.**
Since its establishment in 1972, as a company involved in the development and maintenance of infrastructure (social capital), we have expanded our business by manufacturing and selling civil engineering materials, as well as manufacturing, processing, and selling industrial materials and non-woven fabrics made from various fibers. As a comprehensive 'geosynthetics' company, we contribute to creating a safe, secure, and prosperous society for local communities and building a more disaster-resilient nation.
**Details**
1. **Reason for Acquiring Treasury Stock**
To improve capital efficiency and enhance shareholder returns.
2. **Details of the Acquisition**
(1) Class of Shares to be Acquired: Common stock of the Company
(2) Total Number of Shares to be Acquired: 500,000 shares (maximum)
(Ratio to total number of issued shares (excluding treasury stock): 0.74%)
(3) Total Acquisition Price of Shares: 1 billion yen (maximum)
(4) Acquisition Period: May 15, 2026 to September 30, 2026
(5) Acquisition Method: Purchase through the Tokyo Stock Exchange's off-auction treasury share trading system (ToSTNeT-3).
(Note 1) Depending on market trends, etc., part or all of the acquisition may not be carried out.
(Note 2) The Company has been informed by its Chairman and Representative Director, Mr. Masatoshi Maeda, of his intention to sell the common shares of the Company that he holds.
3. **Measures to Avoid Conflicts of Interest**
In the Board of Directors' resolution for this treasury stock acquisition, the Chairman and Representative Director, Mr. Masatoshi Maeda, who is the intended counterparty for this acquisition, is considered a specially interested person and therefore did not participate in the deliberation and resolution. Furthermore, his eldest son, the President and Representative Director, Mr. Naohiro Maeda, also voluntarily refrained from participating in the deliberation and resolution as he could potentially be considered a specially interested person.
**End**
(Reference) Status of Treasury Stock Holdings as of March 31, 2026
- Total number of issued shares (excluding treasury stock): 67,186,037 shares
- Number of treasury shares: 894,575 shares
**About Maeda Kosen Co., Ltd.**
Since its establishment in 1972, as a company involved in the development and maintenance of infrastructure (social capital), we have expanded our business by manufacturing and selling civil engineering materials, as well as manufacturing, processing, and selling industrial materials and non-woven fabrics made from various fibers. As a comprehensive 'geosynthetics' company, we contribute to creating a safe, secure, and prosperous society for local communities and building a more disaster-resilient nation.