Improving Capital Efficiency and Shareholder Value through Treasury Share Repurchases and Cancellations
First written in FY2017. 6 of 15 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2027-H1.
10 other companies' latest entry also says "Other".
- FY2027-H1¥8 million spent on the acquisition of treasury sharesAnnual report
「Cash outflow from the acquisition of treasury shares △8」
Cash outflow from the acquisition of treasury shares during the interim consolidated accounting period was ¥8 million, up from the ¥6 million stated previously. - FY2026-H1Share buyback expenditure: ¥6 millionAnnual report
「Expenditure on the acquisition of treasury shares △6」
Expenditure on the acquisition of treasury shares during the six-month consolidated accounting period was ¥6 million, down from the ¥11 million previously reported. - FY2025-H1Share buyback expenditure: ¥11 millionAnnual report
「Expenditure on the acquisition of treasury shares △11」
Expenditure on the acquisition of treasury shares during the six-month consolidated accounting period was ¥11 million. - FY2024AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 14,376,800 shares, ¥39,999,945,850. Treasury shares cancelled: 22,000,000 shares.」
The company acquired approximately 14.38 million treasury shares for approximately ¥40 billion and cancelled 22 million shares. - FY2024-Q2AdvancedAnnual report
「Expenditure on the acquisition of treasury shares △29,342」
Expenditure on the acquisition of treasury shares during the six-month cumulative period was ¥29,342 million, up from the ¥18,950 million previously reported. - FY2024-Q1AdvancedAnnual report
「Based on a resolution by the Board of Directors held on 9 March 2023, the company cancelled 22,000 thousand treasury shares on 26 April of the same year, reducing the total number of shares outstanding.」
The company cancelled 22,000 thousand treasury shares on 26 April 2023, advancing its treasury-share measures related to improvements in capital efficiency and shareholder value. - FY2023-Q2AdvancedAnnual report
「Expenditure on the acquisition of treasury shares △18,950」
The company recorded expenditure of ¥18,950 million on the acquisition of treasury shares during the six-month cumulative period. - FY2022RaisedAnnual report
「At a meeting of the Board of Directors held on 10 March 2022, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes pursuant to Article 165, paragraph 3 of the Act. Total number of shares that may be acquired: 15,000,000 (maximum); total acquisition cost: ¥30,000 million (maximum); acquisition period: 11 March 2022 to 31 January 2023.」
The company adopted a new resolution setting a maximum share buyback of 15 million shares and ¥30 billion. The scale was expanded from the previous fiscal year’s limits of 8 million shares and ¥15 billion. - FY2021-Q2SoftenedAnnual report
「In response to changes in the business environment, including the impact of the spread of COVID-19, the company changed the maximum number of shares that may be acquired and the maximum total acquisition cost after comprehensively considering growth investment, maintaining financial soundness, and the level of shareholder returns, including dividends.」
The company reduced the share buyback limit from 7 million shares and ¥15 billion to 3 million shares and ¥5 billion. The change in capital allocation was stated as being in response to the spread of infectious diseases and other factors. - FY2021-Q1AdvancedAnnual report
「Based on a resolution by the Board of Directors held on 5 March 2020, the company cancelled 6,000 thousand treasury shares on 24 April of the same year, reducing the total number of shares outstanding.」
The company cancelled 6 million treasury shares on 24 April 2020, reducing the total number of shares outstanding. - FY2020RaisedAnnual report
「Total number of shares that may be acquired: 7,000,000 (maximum) Total acquisition cost: ¥15,000 million (maximum) Acquisition period: 6 March 2020 to 31 January 2021」
The company set a new share buyback limit of 7 million shares and ¥15 billion and began market purchases. - FY2020-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 5 September 2019, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes pursuant to Article 165, paragraph 3 of the Act. ② Total number of shares that may be acquired: 5,000,000 (maximum) ③ Total acquisition cost: ¥10,000 million (maximum) ④ Acquisition period: 6 September 2019 to 31 January 2020. “As a result of the above acquisition, on 10 September 2019 the company acquired 5,000,000 common shares for an acquisition cost of ¥9,995 million.”」
The maximum share buyback was expanded to 5 million shares and ¥10 billion, and the company completed the acquisition of 5 million shares for ¥9,995 million on 10 September 2019. - FY2019-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 6 September 2018, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied with the necessary changes pursuant to Article 165, paragraph 3 of the Act. Based on the resolution, the company acquired treasury shares as follows: total number of shares that may be acquired: 2,000,000 (maximum); total acquisition cost: ¥4,500 million (maximum); acquisition period: 7 September 2018 to 31 January 2019.」
The company resolved to buy back up to 2 million shares for up to ¥4.5 billion to improve capital efficiency and shareholder returns, and began the acquisition. - FY2018-Q1AchievedAnnual report
「Based on a resolution by the Board of Directors held on 9 March 2017, the company cancelled 19,000 thousand treasury shares on 28 April of the same year, reducing the total number of shares outstanding by 19,000 thousand.」
The previously planned cancellation of 19 million treasury shares was carried out on 28 April 2017. - FY2017First statedAnnual report
「Status of the resolution by the Board of Directors on 10 March 2016 (acquisition period: 11 March 2016 to 31 January 2017): 13,000,000 shares, ¥22,000,000,000. Share buybacks during the fiscal year: 12,097,400 shares, ¥21,999,960,485. “To improve capital efficiency and shareholder value by reducing the number of shares outstanding.” “Total number of shares to be cancelled: 19,000,000 (2.68% of shares outstanding before the cancellation).” “Cancellation date: 28 April 2017.”」
The company stated that share buybacks during the fiscal year and the cancellation of 19 million shares carried out by the filing date were measures to improve capital efficiency and shareholder value.