Flexible capital policy through share repurchases
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025-H1.
39 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「Pursuant to a resolution of the Board of Directors held on 26 April 2024, the Company cancelled 13,800 thousand of its treasury shares effective 1 July 2024.」
The planned cancellation of 13.8 million treasury shares stated in the FY2024 Annual Securities Report was completed effective 1 July 2024. - FY2024AdvancedAnnual report
「The Company plans to cancel 13,800,000 of its treasury shares on 1 July 2024. As a result, the total number of issued shares after the cancellation of treasury shares is expected to be 41,791,502.」
In addition to its policy for using the treasury share acquisition limit, the Company passed a Board of Directors resolution to cancel 13.8 million shares effective 1 July 2024. - FY2022-Q2AdvancedAnnual report
「At a meeting held on 21 September 2021, the Board of Directors resolved, pursuant to Article 156, Paragraph 1 of the Companies Act as applied with the necessary changes under Article 165, Paragraph 3 of the same Act, and the provisions of the Company's Articles of Incorporation, to acquire treasury shares and conduct a tender offer for treasury shares as the specific acquisition method (the "Tender Offer"). The Company conducted the Tender Offer from 22 September 2021, and the Tender Offer ended on 20 October 2021.」
The Company conducted a tender offer as a specific measure for acquiring treasury shares, which ended on 20 October 2021. It acquired 15,000,000 shares out of the 21,111,277 shares tendered, for a total acquisition cost of ¥54.390 billion. - FY2021RaisedAnnual report
「・Acquisition of treasury shares: ¥20.0 billion or more over the 3 years from fiscal 2021 through fiscal 2023」
The Company moved beyond the flexible capital policy provisions in its Articles of Incorporation that enabled treasury share acquisitions and set a specific acquisition target of ¥20.0 billion or more over 3 years. - FY2018First statedAnnual report
「To pursue a flexible capital policy, the Company provides in its Articles of Incorporation that it may acquire its own shares through market transactions and other means by resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act. Treasury shares acquired during the fiscal year under review 178,800 581,994」
The Company enabled the acquisition of treasury shares by resolution of the Board of Directors as a flexible capital policy measure, and reported the acquisition of 178,800 shares during the fiscal year under review for a total acquisition cost of ¥581.994 million.