Februaary 10, 20166

TOKAI Holdings Corporation
CnKatssuhiko Tokiita, Presideent & CEOO(Code No.
N 3167 Tok
kyo Stock Exxchange Firrst Section))
To whom itt may conceern

Noticce Regarrding Com
mpletionn of Acquiisition off Treasurry Sharess andFuuture Sh
hareholde
er Returnns(Acquisition oof treasury sha
ares pursuant too the Articles oof Incorporationn based on Article 165, Paragrraph 2 of the Companies Act)TOKAI Holdings CorporationC(“the Commpany”) is earnestlyeworkingwandd steadily progressingpghieving the earnings foorecasts ann
nounced in May 2015 for this fisccal year end
ding Marchhtoward ach31, 2016, the second year
yof the medium-termrm managem
ment plan, “Innovation“n Plan 2016: Growing.””tyear, whhich are exp
panding salles under th
he Hikari C
Collaboration model1 inn
Key initiiatives for thisthe inform
mation and communiccations servvices field, and imprroving profi
fitability off the Aqua
abusiness (bbottled wateer delivery), are also gooing accordiing to plan, and are onn track to reeach targetss
set for the fiscal year ending Marrch 31, 2017
7, the final year of the medium-terrm manage
ement plan.
uch conditioons, the Com
mpany foreecasts total annual diviidends at 1 .4 billion ye
en, with ann
Given suinterim div
vidend of 6 yen per share and a yyear-end div
vidend of 6 yen per shhare, for a tootal annuall
dividend off 12 yen perr share.
The Commpany alsoo plans to strengthensshareholde
er returns, and provid
de 100% off profits tooshareholdeers for the fiscal year ending Ma
arch 31, 20016 throughh share buuybacks andd dividendss
combined. The Comppany annou
unces that in line wiith this pla
an, as of F
February 8,8 2016 theen of treasurry shares pursuant
pto the resolu
ution passed
d at the meeeting of th
he Board off
acquisition
Directors hheld on Octoober 29, 201
15 (maximu
um of 1.8 billlion yen) was
w completeed as expected.
As expla
ained at thee earnings briefingb
helld on Novem
mber 5, 201
152 regardin
ng the first half of theefiscal yearr ending MarchM
31, 2016, the C
Company is also proacctively conssidering furrther shareebuybacks aand other measures
mtoo provide en
hareholder returns
rin the fiscal year
yendinggnhanced shMarch 31, 2017, givenn the steaddy improvem
ment in its financial po
osition resu
ulting in pa
art from theebearing deb
bt, and highher sharehollders’ equity
y from the iissuance of convertiblee
reduction iin interest-b
bonds.

1. Details of the resolution passed at the Board of Directors meeting held on October 29, 2015
(1) Type of shares to be acquired:

Common stock of the Company(2) Number of shares to be acquired: 3,600,000 shares (maximum)(3.1% of shares outstanding excluding treasury shares)(3) Total acquisition price:

1.8 billion yen (maximum)(4) Acquisition period:

October 30, 2015 to February 29, 2016

(5) Acquisition method:

Open-market purchase on the Tokyo Stock Exchange

2. Number of treasury shares acquired based on the above resolution (as of February 8, 2016)(1) Acquisition period (February):

February 1, 2016 to February 8, 2016 (contract basis)①

Type of shares acquired:

Common stock of the Company②

Number of shares acquired:

283,000 shares③

Total acquisition price:

165,949,500 yen④

Acquisition method:

Open-market purchase on the Tokyo Stock Exchange(2) Acquisition period (cumulative):

October 30, 2015 to February 8, 2016 (contract basis)①

Type of shares acquired:

Common stock of the Company②

Number of shares acquired:

3,308,000 shares③

Total acquisition price:

1,799,987,000 yen④

Acquisition period:

October 30, 2015 to February 8, 2016⑤

Acquisition method:

Open-market purchase on the Tokyo Stock Exchange

1 Hikari Collaboration Model: a service where internet service providers, etc. are able to use NTT fiber-optic lines
to provide fiber-optic services under their own corporate branding.
2 Please refer to the following link for details regarding the “FY 2015 Q2 (Fiscal Year Ending March 31 2016)
Financial Results Highlights.”
URL: http://tokaiholdings.co.jp/ir/library/pdf/overseasir/2016_3/ov201512_e2.pdf

Contact: Yoshihiro Taniguchi
Public Relations and Investor Relations Office
TEL: +81-(0)54-669-7676
Email: overseas_IR@tokaigroup.co.jp

Shareholder returns for FY03/16
 Expected annual dividends to total ¥1.4 billion (¥6 interim dividend at the end of 1H, and ¥6 year-end dividend at the end of
FY03/16 for a total annual dividend of ¥12 per share).
 This year, TOKAI Holdings completed to cancel treasury shares equivalent to 10% of its total issued shares, and to buyback anadditional ¥1.8 billion in treasury shares, and plans to provide a 100% of profits to shareholders, when combined with dividends.
 With performance remaining solid going into the last year of the IP16 plan, we are also considering additional share buybacks
next year.

The acquisition of treasury shares at 1.8 billion yen was completed,to provide a 100% shareholder return.

100.0%

1.8

52.9%

44.2%

40.2%

1.2

1.3

1.4

1.4

1.4

FY03/122012/3月期

FY03/132013/3月期

FY03/142014/3月期

FY03/15
2015/3月期

FY03/162016/3月期

Dividends (¥ billion)
配当金（億円）

35.1%

自己株式取得（億円）
Share buyback (¥ billion)

Payout ratio
配当性向0