$Kosaido Holdings (7868.JP)$There was a sharp backlash. The day before, it was announced that treasury stock will be repurchased. The maximum acquisition limit is 3 million shares and 1.65 billion yen, which is 2.08% of the number of issued shares, and the acquisition period is from 11/21 to 25/1/31. The purpose of acquisition is to enhance shareholder returns and improve capital efficiency, and to implement flexible capital policies in response to changes in the business environment. The company's share buybacks can be seen since it was carried out in an off-site transaction in 23/6. Movements expecting an improvement in supply and demand are ahead.