(English Translation of the Japanese Press Release)

February 7, 2022

To all related parties:

Name of the Company:

TOMY Company, Ltd.

Name of the Representative:

Kazuhiro Kojima

Representative Director, President & COO

(Code No. 7867; The First Section of the Tokyo Stock Exchange)

Further Inquiries:

Goshiro Ito

Executive Officer,

Head of Corporate Administrations (TEL: 03-5654-1548)

Notice Concerning Decision on Matters Relating to Acquisition of Treasury Shares and

Cancellation of Treasury Shares

(Acquisition of Treasury Shares in Accordance With Provisions of the Articles of

Incorporation Pursuant to Article 165, Paragraph (2) of the Companies Act and Cancellation

of Treasury Shares in Accordance With Article 178 of the Companies Act)

This is to provide notification that at the meeting of the Board of Directors held on February 7, 2022, TOMY Company, Ltd. (hereinafter "Tomy") resolved on matters relating to acquisition of treasury shares in accordance with Article 156 of the Companies Act, applied following the deemed replacement of terms pursuant to the provisions of Article 165, paragraph

(3) of the same Act, and also resolved to cancel treasury shares in accordance with Article 178 of the Companies Act.

1. Reasons for the Acquisition and Cancellation of Treasury Shares

Tomy will acquire treasury shares and cancel treasury shares for the purpose of further enhancing shareholder returns, improving capital efficiency, implementing flexible capital policies according to the business environment, and increasing corporate value.

2. Details of Acquisition

(1)

Type of shares to be acquired

Common shares

(2)

Total number of shares to be acquired

1,000,000 shares (maximum)

(1.08% of total number of shares outstanding)

(3)

Total amount for share acquisition

¥1.3 billion (maximum)

(4)

Acquisition period

February 8, 2022 to April 30, 2022

3. Details of Cancellation

(1)

Types of shares to be cancelled

Common shares

(2)

Total number of shares to be cancelled

1,300,000 shares

(1.35% of total number of issued shares before cancellation)

(3)

Scheduled date of cancellation

February 28, 2022

1

(Reference)

Status of treasury shares as of December 31, 2021

Number of shares outstanding

92,485,496 shares

Number of treasury shares

3,805,354 shares

End of notice

2

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

TOMY Company Ltd. published this content on 07 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 08:17:03 UTC.