Press Release

6-2, NIHONBASHI 3-CHOME, CHUO-KU, TOKYO 103-0027

JAPAN

Note: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original and this English translation, the Japanese original shall prevail.

We assume no responsibility for this translation or for direct, indirect or any other form of damage arising from the translation.

(TSE, NSE: 8616) February 14, 2018

Announcement of the Share Repurchase through Off-Auction Own Share Repurchase Trading (N-NET3)

Tokai Tokyo Financial Holdings, Inc. ("the Company") announces that it determined today a specific method of share repurchases that is to be made in accordance with the provision of Article 156 of the Companies Act of Japan, as applied by way of interpreting the wordings of the Paragraph 3 of the Article

  • 165 of the same Law. Details are as follows:

  • 1. Method of repurchase

    The Company will place purchase orders for its own shares through Off-Auction Own Share Repurchase Trading of the Nagoya Stock Exchange (N-NET3) at 8:45 a.m. on February 15, 2018 at the closing price that may include today's final special quote (February 14, 2018), which is 753 yen. (There will be no other trading system to be used by the Company for this repurchase.)

  • 2. Details of the repurchase

  • (1) Class of shares to be repurchased:

  • (2) Aggregate number of shares to be repurchased:Common stock of the Company 1,500,000 shares

  • (3) Announcement of repurchase result:

The result of the repurchase will be announced after the completion of the transaction that is to be effected at 8:45 a.m. on February 15, 2018

(Note 1) There will be no change to the aggregate number of shares to be repurchased. Depending on the market conditions, however, there is a possibility that part or all of the shares may not be repurchased.

(Note 2) Repurchases will be made to the extent that sell orders match the buy orders.

(Reference)

1. Description of the resolution regarding the share repurchase adopted by the meeting of its Board of Directors held on October 27, 2017

(1) Class of shares to be repurchased:

Common stock of the Company

(2) Aggregate number of shares to be repurchased:

Up to 5 million shares

(Equivalent to 1.91% of the total number of issued

shares excluding treasury shares)

(3) Aggregate amount to be repurchased:

Up to 3.5 billion yen

(4) Period of repurchase:

From November 1, 2017 to March 30, 2018

2. Current status of the above resolution as of February 14, 2018

  • (1) Number of treasury shares repurchased:

  • (2) Aggregate amount repurchased:

1,664,600 shares 1,292,878,500 yen

(end)

Contact: +81-(0)3-3517-8618, Corporate Communications, Tokai Tokyo Financial Holdings, Inc.

Tokai Tokyo Financial Holdings Inc. published this content on 14 February 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 February 2018 07:50:01 UTC.

Original documenthttp://www.tokaitokyo-fh.jp/en/pressrelease/pdf/fh20180214.pdf

Public permalinkhttp://www.publicnow.com/view/325D12C663C087EC2DA74B5F5D15EB0030F715FD