August 9, 2016
Notice regarding Completion of Repurchase of Own Shares and
Cancellation of Repurchased Shares
(Repurchase of own shares according to provisions of Articles of Incorporation pursuant to
Article 165, Paragraph 2 of the Companies Act and cancellation of repurchased shares according
to provisions of Article 178 of the Companies Act)
August 9, 2016
Company name: Fuji Heavy Industries Ltd.
Representative: Yasuyuki Yoshinaga, President
Code number: 7270 (First Section of Tokyo Stock Exchange)
Contact for inquiries: Katsuo Saito
General Manager of Administration Department
Phone: +81-3-6447-8825
Fuji Heavy Industries Ltd. (FHI) has repurchased its own shares as detailed below pursuant to the provisions of Article 156 of the Companies Act that are applied by the reading of terms under the provisions of Article 165, Paragraph 3 of that Act. FHI has now completed the repurchase of its own shares based on the resolution made at its Board of Directors meeting held on August 8, 2016.
Furthermore, all shares repurchased will be cancelled according to the provisions of Article 178 of the Companies Act. Details of cancellation are also set out below.
1.Details of repurchase of own shares
| (1) Class of shares repurchased | :Common stock in FHI |
| (2) Total number of shares repurchased | :13,690,000 shares |
| (3) Total value of shares repurchased | :52,733,880,000 yen |
| (4) Period of repurchase | :August 9, 2016 |
| (5) Method of repurchase | :Purchase on Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) of the Tokyo Stock Exchange |
2.Cancellation of repurchased shares
| (1) Number of shares to be cancelled | :13,690,000 shares |
| Proportion of the total number of shares issued (excluding treasury stock) prior to cancellation: 1.75% | |
| (2) Total number of shares issued after cancellation | :769,175,873 shares |
| (3) Scheduled date of cancellation | :August 31, 2016 |
For reference: Details of resolution regarding repurchase of own shares (made on August 8, 2016)
| (1) Class of shares to be repurchased | :Common stock in FHI |
| (2) Total number of shares to be repurchased | :Up to 15,000,000 shares |
| Proportion of the total number of shares issued excluding treasury stock: 1.92% | |
| (3) Total value of shares to be repurchased | :Up to 58.0 billion yen |
| (4) Period of repurchase | :From May 13 to September 30, 2016 |