Management focused on the cost of capital and share repurchases to improve ROE
First written in FY2019. 10 of 17 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-07-30.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Achieved".
- 2026-07-30AchievedTreasury Shares
「Cumulative share repurchases made pursuant to the above Board resolution (as of 29 July 2026)」
The share repurchase program, capped at 2 million shares and ¥6.0 billion as part of a capital policy conscious of capital costs, was executed up to a total acquisition cost of ¥5,999,651,100 and has been completed. - FY2026RaisedAnnual report
「The company resolved on 12 May 2026 to acquire treasury shares, up to a maximum of 2 million shares for ¥6 billion, and」
As part of its capital-cost-conscious capital policy, the company set the next share repurchase authorization at 2 million shares and ¥6 billion. - FY2024-Q3RestatedAnnual report
「Regarding the “Action to Implement Management that is Conscious of Cost of Capital and Stock Price” requested by the Tokyo Stock Exchange, the company has published on its website the results of discussions held by the Board of Directors to date.」
Regarding management conscious of capital costs and stock price, the company continues to disclose its publication on the website of the results of discussions by the Board of Directors. - FY2024-Q2AdvancedAnnual report
「Regarding the “Action to Implement Management that is Conscious of Cost of Capital and Stock Price” requested by the Tokyo Stock Exchange, the company has published on its website the results of discussions held by the Board of Directors to date.」
Regarding capital-cost-conscious management, the company progressed to the stage of publishing the results of discussions by the Board of Directors on its website. - FY2024-Q1AdvancedAnnual report
「In addition, based on Article 156 of the Companies Act, as applied with the necessary amendments pursuant to Article 165, paragraph 3 of the same Act, the company acquired 282,600 shares of its common stock through market purchases of treasury shares resolved at the Board of Directors meeting held on 15 May 2023, for a total of ¥503 million, increasing treasury shares by the same amount.」
In connection with its capital policy for capital-cost-conscious management and improving ROE, the company acquired the 282,600 shares covered by the resolution of 15 May 2023, for a total of ¥503 million. - FY2023RaisedAnnual report
「For the next period, the company resolved on 15 May 2023 to acquire treasury shares, up to a maximum of 4.5 million shares for ¥5 billion, and」
As part of its capital-cost-conscious capital policy, the company set the next share repurchase authorization at 4.5 million shares and ¥5 billion. - FY2023-Q3AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 13 May 2022, and in accordance with the provisions of Article 156 of the Companies Act as applied by replacing the relevant terms pursuant to Article 165, paragraph 3, the Company acquired 1,229,000 of its common shares through market purchases for a total consideration of ¥1,999 million, resulting in an equivalent increase in treasury stock. In addition, pursuant to a resolution of the Board of Directors at its meeting held on 11 November 2022, and in accordance with the provisions of Article 156 of the Companies Act as applied by replacing the relevant terms pursuant to Article 165, paragraph 3, the Company acquired 541,800 of its common shares through market purchases for a total consideration of ¥819 million, resulting in an equivalent increase in treasury stock.」
The company acquired a total of 1,770,800 treasury shares for ¥2,818 million as part of its capital policy related to capital-cost-conscious management and improving ROE. - FY2023-Q2RaisedAnnual report
「3. Total number of shares to be acquired: 1.8 million shares (maximum) (equivalent to 1.8% of the total number of shares issued, excluding treasury stock). 4. Total acquisition cost: ¥2 billion (maximum). 5. Acquisition period: from 14 November 2022 to 31 March 2023.」
In connection with its capital-cost-conscious capital policy, the company resolved to set the maximum number of shares for the next share repurchase at 1.8 million. - FY2023-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 13 May 2022, and in accordance with the provisions of Article 156 of the Companies Act as applied by replacing the relevant terms pursuant to Article 165, paragraph 3, the Company acquired 710,600 of its common shares through market purchases for a total consideration of ¥1,158 million, resulting in an equivalent increase in treasury stock.」
As a specific capital-policy measure, the company acquired 710,600 treasury shares for a total of ¥1,158 million based on the resolution of 13 May 2022. - FY2022AdvancedAnnual report
「The company acquired treasury shares totaling 2.48 million shares for ¥5 billion.」
As part of its capital policy for capital-cost-conscious management and improving ROE, the company acquired 2.48 million treasury shares for ¥5 billion in FY2022. - FY2022-Q3AdvancedAnnual report
「At a Board of Directors meeting held on 10 February 2022, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary amendments under Article 165, paragraph 3 of the same Act, in order to enhance shareholder returns and enable the flexible execution of capital policy in response to changes in the business environment. Total shares to be acquired: 1.2 million shares (maximum). Total acquisition price: ¥2 billion (maximum). Acquisition period: 14 February 2022 to 31 March 2022.」
As part of its capital policy related to capital-cost-conscious management and improving ROE, the company newly resolved to acquire treasury shares to enhance shareholder returns and enable a flexible capital policy. - FY2022-Q2AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors at its meeting held on 14 May 2021, and in accordance with the provisions of Article 156 of the Companies Act as applied by replacing the relevant terms pursuant to Article 165, paragraph 3, the Company acquired 1,457,800 of its common shares through market purchases for a total consideration of ¥2,999 million, resulting in an equivalent increase in treasury stock.」
As part of its capital policy for capital-cost-conscious management and improving ROE, the company carried out acquisitions based on the resolution of 14 May 2021. - FY2020-Q2AdvancedAnnual report
「1. Based on Article 156 of the Companies Act, as applied with the necessary amendments pursuant to Article 165, paragraph 3 of the same Act, the company acquired 1,500,000 shares of its common stock through market purchases of treasury shares resolved at the Board of Directors meeting held on 9 May 2019, for a total of ¥2,488 million, increasing treasury shares by the same amount. 2. Based on Article 156 of the Companies Act, as applied with the necessary amendments pursuant to Article 165, paragraph 3 of the same Act, the company acquired 5,000,000 shares of its common stock through an off-auction purchase of treasury shares (ToSTNeT-3) resolved at the Board of Directors meeting held on 10 September 2019, for a total of ¥7,965 million, increasing treasury shares by the same amount.」
To achieve ROE of 8% or more, the company acquired 1,500,000 shares for ¥2,488 million and 5,000,000 shares for ¥7,965 million as share repurchases. - FY2020-Q1AdvancedAnnual report
「(3) Total number of shares to be acquired: 1.5 million shares (maximum) (1.38% of total shares issued, excluding treasury shares) (4) Total acquisition price: ¥2.5 billion (maximum) (5) Acquisition period: 10 May 2019 to 30 September 2019」
The company implemented a specific capital policy for capital-cost-conscious management and achieving ROE of 8% or more, setting a maximum acquisition of 1.5 million shares for ¥2.5 billion and specifying the acquisition period. - FY2019First statedAnnual report
「f. Capital policy, maintenance of a sound financial position, capital-cost-conscious management, and share repurchases aimed at achieving ROE of 8% or more」
As part of the capital policy under the new medium-term management plan, the company explicitly stated for the first time that it would pursue capital-cost-conscious management and share repurchases aimed at achieving ROE of 8% or more.