Enhancing Shareholder Returns and Improving Capital Efficiency Through Share Repurchases and Treasury Share Cancellations
First written in FY2024-Q3. 2 of 4 entries say "Advanced", first in FY2025. Latest entry: FY2026.
93 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Cancellation of treasury shares: 1,750,000 shares」
Under its treasury share measures aimed at enhancing shareholder returns and improving capital efficiency, the company cancelled 1,750,000 shares during the fiscal year and separately acquired 200,000 shares. - FY2025AdvancedAnnual report
「Treasury shares acquired during the fiscal year 199,000 222,681,000」
Based on a resolution of the Board of Directors in February 2025, the company acquired 199,000 treasury shares for ¥222 million. This was a capital-efficiency initiative following the previous fiscal year’s acquisition and cancellation measures. - FY2024AchievedAnnual report
「Treasury shares cancelled: 2,288,000 shares 1,662,277,335」
The company completed the acquisition of 788,000 shares as part of its treasury share program to enhance shareholder returns and improve capital efficiency, and cancelled 2,288,000 treasury shares on 20 February 2024. - FY2024-Q3First statedAnnual report
「At a meeting held on 2 February 2024, the Board of Directors resolved to acquire treasury shares pursuant to Article 156 of the Companies Act, as applied by replacing the relevant terms under Article 165, paragraph 3 of the Act, and to determine the specific acquisition method. It also resolved to cancel treasury shares pursuant to Article 178 of the Companies Act, and has carried out the acquisition as follows. 1. Reason for acquiring treasury shares: to enhance shareholder returns and improve capital efficiency. 2. Total number of shares to be acquired: 800,000 shares (maximum). Total acquisition cost: ¥840,000,000 (maximum). Acquisition date: 5 February 2024. Acquisition method: purchase through the Tokyo Stock Exchange’s off-auction purchase of treasury shares (ToSTNeT-3). 3. Total number of shares to be cancelled: 1,500,000 shares and all treasury shares acquired under 2 above. Scheduled cancellation date: 20 February 2024. 4. Acquisition results: On 5 February 2024, the company acquired 788,000 common shares for an acquisition cost of ¥827,400,000.」
The company resolved to acquire and cancel treasury shares to enhance shareholder returns and improve capital efficiency. The acquisition was capped at 800,000 shares and ¥840 million. On 5 February 2024, it acquired 788,000 shares, and plans to cancel the 1,500,000 shares already held plus all acquired shares on 20 February 2024.