Achieving a ¥10 Billion Tradable Share Market Capitalization in the Fiscal Year Ending March 2025
First written in FY2023. 1 of 4 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2024.
2 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The market capitalization of tradable shares, calculated by multiplying the number of tradable shares as of the end of March 2025 by the average daily closing price on the Tokyo Stock Exchange’s auction market during the 3-month period from January 2025 through March 2025, exceeds ¥10 billion」
The ¥10 billion target for market capitalization of tradable shares continues to be specifically set as a condition for granting performance-linked share-based compensation. - FY2024-Q3AdvancedAnnual report
「Details of treasury shares acquired pursuant to the above resolution of the Board of Directors ① Class of shares acquired: the company’s common shares ② Total number of shares acquired: 1,016,148 shares ③ Total acquisition price of shares acquired: ¥1,174,667,088」
In connection with the ¥10 billion target for market capitalization of tradable shares in the fiscal year ending March 2025, the company acquired 1,016,148 treasury shares in response to a major shareholder’s intention to sell. The specific method for converting treasury shares into tradable shares has moved to the execution stage. - FY2024-Q2Specification of concrete means to achieve the targetAnnual report
「In response to the intention of a major shareholder classified as holding fixed shares to sell, the company aims to acquire the shares as treasury shares, while taking into consideration the impact on the market price, so that over the medium to long term the treasury shares will become classified as tradable shares, contributing to an increase in the market capitalization of tradable shares and trading value.」
In connection with the ¥10 billion target for market capitalization of tradable shares in the fiscal year ending March 2025, the company has presented a specific method of acquiring treasury shares in response to a major shareholder’s intention to sell and converting those treasury shares into tradable shares. - FY2023First statedAnnual report
「We aim to achieve a tradable share market capitalization of ¥10 billion in the fiscal year ending March 2025, and to realize our long-term vision and achieve consolidated revenue of ¥100 billion by 2030.」
A medium-term corporate value target of a ¥10 billion tradable share market capitalization by the fiscal year ending March 2025 was disclosed separately from the 2030 Vision for the first time.