Improving Capital Efficiency and Returning Value to Shareholders Through Share Repurchases
First written in FY2020-Q3. 7 of 11 entries say "Advanced", first in FY2021. Latest entry: FY2027-H1.
4 other companies' latest entry also says "Raised".
- FY2027-H1RaisedAnnual report
「(2) Total number of shares to be acquired: 4.5 million shares (maximum); equivalent to 5.67% of total issued shares excluding treasury shares (3) Total acquisition cost: ¥8 billion (maximum) (4) Acquisition period: 20 November 2026–24 March 2027」
The company resolved to raise the treasury share acquisition limit from the previous maximum of 4.2 million shares and ¥4 billion to a maximum of 4.5 million shares and ¥8 billion. The purpose is to improve capital efficiency and enhance shareholder returns. - FY2026AdvancedAnnual report
「Status of the resolution at the Board of Directors meeting (13 May 2025) (acquisition period: 23 May 2025–30 November 2025): 4,200,000 shares; ¥4,000,000,000. Treasury shares acquired during the fiscal year: 2,138,300 shares; ¥3,999,886,600」
Against the ¥4 billion treasury share acquisition limit, the company acquired 2,138,300 shares for approximately ¥4 billion during the fiscal year. - FY2026-H1AdvancedAnnual report
「Cash paid to establish a monetary trust for the acquisition of treasury shares △4,000」
The contribution of ¥4,000 million to a monetary trust established for the purpose of acquiring treasury shares was recorded in cash flows from financing activities. - FY2025AdvancedAnnual report
「To enhance shareholder returns and improve capital efficiency (2) Total number of shares to be acquired: 4,200,000 shares (maximum) (3) Total acquisition cost: ¥4 billion (maximum) (4) Acquisition period: 23 May 2025–30 November 2025」
The company resolved to acquire up to 4.2 million shares for up to ¥4 billion between 23 May and 30 November 2025. - FY2024-Q2Recognition of expenditure for the acquisition of treasury sharesAnnual report
「Cash paid for the acquisition of treasury shares △ 3,700」
¥3.7 billion of cash outflows for the acquisition of treasury shares was recorded in financing activities for the cumulative second quarter. - FY2023AdvancedAnnual report
「The company resolved on 8 February 2023 to acquire treasury shares and began the acquisition on 24 February 2023. On 12 May 2023, it also resolved to expand the acquisition limit and extend the acquisition period.」
For the acquisition of treasury shares, the company acquired 127,600 shares during the fiscal year for more than ¥348 million pursuant to the resolution dated 8 February 2023, and on 12 May 2023 resolved to expand the acquisition limit and extend the acquisition period. - FY2022AdvancedAnnual report
「The company resolved on 8 February 2022 to acquire treasury shares and completed the acquisition on 23 May 2022.」
The acquisition of treasury shares pursuant to the resolution dated 8 February 2022 was completed by 23 May 2022. The total acquisition cost was ¥1,999 million. - FY2022-Q2AdvancedAnnual report
「In addition, pursuant to a resolution of the Board of Directors dated 22 February 2021, the company acquired 822,500 common shares by 10 August 2021 for a total of ¥1,999 million, completing the acquisition of treasury shares under that resolution.」
For the acquisition of treasury shares, the company acquired 822,500 shares for a total of ¥1,999 million by 10 August 2021, completing the acquisition under that resolution. - FY2021AdvancedAnnual report
「The company resolved on 22 February 2021 to acquire treasury shares and began the acquisition on 24 February 2021.」
Under the policy for acquiring treasury shares and pursuant to the Board of Directors' resolution dated 22 February 2021, the company acquired 493,400 shares during the fiscal year for approximately ¥1,193 million. - FY2021-Q3Acquisition of treasury shares held by subsidiariesAnnual report
「By 29 January 2021, the company had acquired 351,453 of its own shares held as cross-shareholdings by its 2 wholly owned subsidiaries, 信幸建設株式会社 and 東亜リアルエステート株式会社, as treasury shares through in-kind dividends from the 2 subsidiaries, hereinafter referred to as the “2 subsidiaries.”」
The company acquired as treasury shares the 351,453 shares it held that had been cross-held by the 2 subsidiaries through in-kind dividends. The filing described an acquisition method different from the company's previous treasury share acquisitions. - FY2020-Q3First statedAnnual report
「On 13 December 2019, the company issued ¥-denominated convertible bonds with share acquisition rights due 2024 and raised ¥7,000 million. Of this amount, approximately ¥5,000 million was allocated to construction costs for a self-elevating platform work vessel (SEP: Self Elevating Platform) used to construct offshore wind power facilities, including amounts already paid from cash on hand, while approximately ¥2,000 million was allocated to the acquisition of treasury shares. In addition to funding investment in areas expected to generate future growth, the company aims to improve capital efficiency and enhance shareholder returns.」
The company disclosed for the first time a policy of allocating approximately ¥2,000 million of the funds raised through the convertible bonds to the acquisition of treasury shares, thereby improving capital efficiency and enhancing shareholder returns. Separately, it acquired 1,296,100 treasury shares pursuant to a resolution dated 27 November 2019.