Acquisition and Cancellation of Treasury Shares to Improve Capital Efficiency
First written in FY2016. 7 of 14 entries say "Advanced", first in FY2018-Q1. Latest entry: FY2025.
93 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「1 April 2024–31 March 2025 15,500」
The number of shares increased by 15,500 during the fiscal year through the exercise of share acquisition rights. The exercise of stock options granted as share-based compensation, intended to improve capital efficiency and align interests with shareholders, has continued. - FY2024-Q3AdvancedAnnual report
「1 October 2023–31 December 2023 (Note) 1 30,000 39,670,052 25 9,224 25 142 (Note) 1. Increase due to the exercise of share acquisition rights.」
The number of shares increased by 30,000 during the third-quarter accounting period through the exercise of share acquisition rights. An additional increase of 5,500 shares was disclosed by the filing date, and the exercise of stock options linked to the share price and business performance has continued. - FY2023-Q3AdvancedAnnual report
「Results of treasury share acquisition (1) Class of shares acquired Common shares (2) Total number of shares acquired 3,024,800 shares (3) Total acquisition cost ¥4,800 million (4) Acquisition date 13 January 2023 Details of treasury share cancellation (3) Total number of shares to be cancelled 3,024,800 shares (4) Scheduled cancellation date 28 February 2023」
To enhance shareholder returns and improve capital efficiency, the Company acquired 3,024,800 shares for ¥4,800 million through a tender offer and planned to cancel the same number of shares on 28 February 2023. A new series of capital policy measures involving acquisition and cancellation had moved into the implementation stage. - FY2021Cited as achievedAnnual report
「Acquired treasury shares cancelled: 1,530,536 shares, ¥1,999 million Treasury shares held: —」
The annual disclosure confirmed the cancellation of 1,530,536 treasury shares pursuant to the resolution dated 27 November 2020, and no treasury shares were held at the end of the fiscal year. - FY2021-Q3AchievedAnnual report
「Pursuant to a resolution of the Board of Directors dated 27 November 2020, the Company cancelled 1,530,536 treasury shares on 30 December 2020. As a result, it held no treasury shares as of the end of the third-quarter consolidated accounting period.」
The Company cancelled 1,530,536 treasury shares, eliminating its treasury share balance. The series of capital policy measures involving the acquisition and cancellation of shares acquired in June 2019 was completed. - FY2020RestatedAnnual report
「Status of resolution at the Board of Directors meeting (28 June 2019): 1,540,000 shares, ¥2,020 million Treasury shares acquired during the fiscal year: 1,530,500 shares, ¥1,999 million」
The Company acquired 1,530,500 treasury shares for ¥1,999 million pursuant to the resolution dated 28 June 2019. The resolution authorisation remaining was 9,500 shares and ¥20 million. - FY2020-Q3AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 28 June 2019, the Company acquired 1,530,500 treasury shares. As a result, treasury shares increased by ¥1,999 million during the cumulative third-quarter consolidated period and amounted to ¥1,999 million at the end of the third-quarter consolidated accounting period.」
Regarding treasury share acquisitions, the Company disclosed that it had acquired a cumulative 1,530,500 shares for ¥1,999 million pursuant to the Board of Directors resolution dated 28 June 2019. - FY2020-Q2AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 28 June 2019, the Company acquired 1,090,600 treasury shares. As a result, treasury shares increased by ¥1,414 million during the cumulative second-quarter consolidated period and amounted to ¥1,414 million at the end of the second-quarter consolidated accounting period.」
In connection with its treasury share acquisition and cancellation policy, the Company acquired 1,090,600 treasury shares for ¥1,414 million pursuant to the Board of Directors resolution dated June 2019. - FY2019RestatedAnnual report
「Treasury shares acquired during the fiscal year totalled 4,039,012 shares, valued at ¥6,308 million, while treasury shares acquired and cancelled totalled 4,489,012 shares.」
Regarding the acquisition and cancellation of treasury shares, the Company disclosed annual results of 4,039,012 shares acquired and 4,489,012 shares cancelled. This confirms the capital policy aimed at improving capital efficiency presented through the previous fiscal year. - FY2019-Q3RestatedAnnual report
「Pursuant to a resolution of the Board of Directors dated 10 May 2018, the Company acquired 4,039,012 treasury shares through a tender offer and, pursuant to a resolution dated 27 July 2018, cancelled 4,489,012 treasury shares on 31 August 2018. As a result, during the cumulative third-quarter period, retained earnings increased by ¥100 million and treasury shares decreased by ¥525 million. At the end of the third-quarter accounting period, retained earnings amounted to ¥60,085 million and treasury shares to ¥0 million.」
The Company continued to disclose that the acquisition and cancellation of treasury shares had been completed and that its treasury share balance was ¥0 million. - FY2019-Q2AchievedAnnual report
「Pursuant to a resolution of the Board of Directors dated 27 July 2018, the Company cancelled 4,489,012 treasury shares on 31 August 2018. As a result, retained earnings and treasury shares each decreased by ¥6,834 million during the cumulative second-quarter period, and at the end of the second-quarter accounting period retained earnings amounted to ¥57,317 million and treasury shares to ¥0 million.」
The cancellation of 4,489,012 treasury shares approved in the previous filing was completed, and treasury shares amounted to ¥0 million at the end of the quarter. - FY2019-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 10 May 2018, the Company acquired 4,039,012 treasury shares through a tender offer. As a result, treasury shares increased by ¥6,308 million during the cumulative first-quarter consolidated accounting period, and amounted to ¥6,834 million at the end of the first-quarter consolidated accounting period. At a meeting of the Board of Directors held on 27 July 2018, the Company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act. 1. Class of shares to be cancelled: Common shares of the Company 2. Number of shares to be cancelled: 4,489,012 shares (9.28% of issued shares before cancellation) 3. Scheduled cancellation date: 31 August 2018」
Regarding treasury share acquisitions, the Company acquired 4,039,012 shares for ¥6,308 million through a tender offer and resolved to cancel a further 4,489,012 shares. Its capital policy aimed at improving capital efficiency had progressed to the acquisition and cancellation stage. - FY2018-Q1AdvancedAnnual report
「Pursuant to a resolution of the Board of Directors dated 29 May 2017, the Company acquired 450,000 treasury shares through market purchases between 8 June 2017 and 30 June 2017. As a result, the number of treasury shares held as of 30 June 2017 was 450,000.」
The capital policy enabling treasury share acquisitions was implemented through the market purchase in June 2017 of 450,000 shares for ¥525 million. - FY2016First statedAnnual report
「To improve capital efficiency and implement flexible capital policies in response to the operating environment, the Company provides in its Articles of Incorporation for the acquisition of treasury shares by resolution of the Board of Directors pursuant to Article 165, paragraph 2 of the Companies Act.」
The Company enabled the acquisition of treasury shares by resolution of the Board of Directors, and during the current fiscal year acquired 4,500,000 shares through a tender offer and cancelled 6,606,500 shares.