Article 17 (Transfer of Shares Purchased)
The fractional unit shares for which a request for purchase is made shall be transferred to the account of the Company on the day in which the payment, or payment procedure, as prescribed in the preceding article, has been completed.
CHAPTER 5 PURCHASE OF ADDITIONAL FRACTIONAL UNIT SHARES
Article 18 (Request for Purchase of Additional Fractional Unit Shares)
In case a shareholder requests additional purchase of fractional unit shares, such a request shall be made through Securities Companies and JASDEC pursuant to the rules prescribed by JASDEC.
Article 19 (Restriction on Request for Additional Purchase)
If the aggregate number of fractional unit shares for which the Requests for Additional Purchase is made on the same day exceed the number of shares owned by the Company which shall be transferred, the Company shall not transfer any fractional unit share for any of the Requests for Additional Purchase made on such day.
Article 20 (Determination of Additional Purchase Price)
1. | The additional purchase price of fractional unit shares shall be the amount equivalent to the closing price per share of the shares of the Company as reported by the Tokyo Stock Exchange on the day when the request set forth in Article 18 hereof is accepted at the handling office of the share transfer agent provided for in Article 2 hereof. However, if there is no trading of the shares conducted on such day, such closing price shall be deemed the amount equivalent to the first trading price per share effected thereafter. |
2. | The additional purchasing price shall be the amount calculated by multiplying the additional purchase price per share stipulated in the preceding paragraph by the additional number of shares requested. |
Article 21 (Transfer of Shares Additionally Purchased)
With respect to the fractional unit shares for which the Request for Additional Purchase is made, the application for the transfer thereof to the account of the shareholder who made such Request for Additional Purchase shall be made on the day in which it is confirmed that the amount of the additional purchase price (herein after referred to as “Additional Purchase Payment”) calculated pursuant to the preceding article has been remitted to the bank account designated by the Company.
Article 22 (Suspension of Acceptance of Request for Additional Purchase)
1. | The Company shall suspend the acceptance of Requests for Additional Purchase during the period beginning ten business days prior to any of the days provided for in the following items up to the day provided below: |
| (3) | Any other determination date of shareholders |
2. | In addition to the case provided for in the preceding paragraph, the Company may suspend the acceptance of Requests for Additional Purchase when the Company or JASDEC deems necessary. |
Article 23 (Exceptional Request for Additional Purchase by Post)
1. | Shareholders who request for Additional Purchase by post must transfer the Additional Purchase fund to the bank account designated by the Company. |
4