Improving Capital Efficiency and Implementing a Flexible Capital Policy
First written in FY2016-Q3. 3 of 7 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2024.
93 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 352,700 shares; ¥645.441 million」
Based on a resolution of the Board of Directors, the Company acquired 352,700 treasury shares for ¥645.441 million. It also cancelled 1,556,479 treasury shares. - FY2022-Q1AchievedAnnual report
「Based on a resolution of the Board of Directors held on 10 November 2021, the Company acquired 1,292,400 treasury shares. As a result, treasury shares increased by ¥1,518.570 million during the cumulative first-quarter period under review, and amounted to ¥1,759.789 million at the end of the first quarter under review.」
The Company carried out the acquisition of treasury shares decided during the previous period and acquired 1,292,400 shares. - FY2021AdvancedAnnual report
「Following consideration, the Company decided to acquire treasury shares in order to mitigate the short-term impact of the sale of those shares on the supply and demand of the Company's shares, reduce the impact on existing shareholders, and pursue a flexible capital policy in response to changes in the operating environment.」
On 11 November 2021, the Company acquired 1,292,400 treasury shares for ¥1,518 million. The reasons cited were to mitigate the short-term impact on the supply and demand of the shares and to pursue a flexible capital policy. - FY2019RestatedAnnual report
「The Company's articles of incorporation provide that, pursuant to Article 165, Paragraph 2 of the Companies Act, the Company may acquire its own shares through market transactions and other means by resolution of the Board of Directors. This is intended to enable the Company to pursue a flexible capital policy in response to changes in the operating environment.」
The Company continues to state its policy under the articles of incorporation allowing the acquisition of treasury shares and its objective of pursuing a flexible capital policy. There were no acquisitions based on a resolution of the Board of Directors during the fiscal year. - FY2017-Q3AdvancedAnnual report
「(1) Reason for acquiring treasury shares: To improve capital efficiency and pursue a flexible capital policy in response to changes in the operating environment. (2) Details of the Board of Directors' resolution concerning the acquisition of treasury shares: ① Class of shares to be acquired: the Company's common shares ② Total number of shares to be acquired: 120,000 shares (maximum) ③ Acquisition period: 1 August 2017 ④ Total acquisition price: ¥164,760,000 (maximum) ⑤ Method of acquisition: Purchase through the Tokyo Stock Exchange's off-auction purchase of treasury shares (ToSTNeT-3). (3) Acquisition date: 1 August 2017 (4) Other: As a result of the above off-auction purchase of treasury shares, the Company acquired 120,000 common shares for an acquisition price of ¥164 million.」
The Company acquired 120,000 treasury shares for an acquisition price of ¥164 million to improve capital efficiency and pursue a flexible capital policy. - FY2016RestatedAnnual report
「The Company's articles of incorporation provide that, pursuant to Article 165, Paragraph 2 of the Companies Act, the Company may acquire its own shares through market transactions and other means by resolution of the Board of Directors. This is intended to enable the Company to pursue a flexible capital policy in response to changes in the operating environment.」
The Company continues to state its policy of allowing the acquisition of treasury shares by resolution of the Board of Directors in order to pursue a flexible capital policy. During the period, it acquired 40,000 shares for ¥40.920 million. - FY2016-Q3First statedAnnual report
「(1) Reason for acquiring treasury shares: To improve capital efficiency and pursue a flexible capital policy in response to changes in the operating environment.」
The Company cited improving capital efficiency and pursuing a flexible capital policy as the reasons for acquiring treasury shares, and stated that it acquired 40,000 shares for an acquisition price of ¥40 million.