Notice regarding Repurchase of Own Shares

November 8, 2021

For Immediate Release

Listed company name:	SANKYO CO., LTD.
Representative:	Akihiko Ishihara
	President & COO
	(TSE 1st Sec. Code 6417)
Contact:	Yoko Oshima
	Senior Executive Operating
	Officer
	TEL.: [phone]

Notice regarding Repurchase of Own Shares

(Repurchase of Own Shares under the provisions of the Articles of Incorporation

pursuant to Article 165, Paragraph 2 of the Company Law)

SANKYO Co., Ltd. announced that, at a meeting held on November 8, 2021, its Board of Directors resolved to repurchase its own shares under Article 156 of the Company Law as applied pursuant to Article 165, Paragraph 3 of the Company Law.

1. Reason for Repurchase of Own Shares

The Company intends to repurchase its own shares in order to enhance capital efficiency, implement a flexible capital policy in response to the changing business environment, and return profits to shareholders.

2. Details of Share Repurchase

(1)	Type of shares to be repurchased:	Common stock
(2)	Number of shares to be repurchased:	Up to 3.5 million shares
		(5.7% of the total number of shares issued)
(3)	Aggregate amount of repurchase cost:	Up to 10 billion yen
(4)	Period of repurchase:	From November 9, 2021 to April 28, 2022
(5)	Method of repurchase:	Open market purchase on the Tokyo Stock Exchange

Treasury shares acquired by the Company through market purchase on the exchange are scheduled to be cancelled after the completion of the purchase, and the detail of such cancellation shall be notified promptly after it is decided.

(Reference)

Total number of shares issued and treasury stock as of September 30, 2021:

Total number of shares issued (excluding treasury stock):	61,302,805 shares
Treasury stock:	8,294,695 shares

This material is an English translation of Japanese announcement made on November 8, 2021. Although the Company intended to faithfully translate the Japanese document into English, the accuracy and correctness of this translation are not guaranteed.