Flexible Capital Policy and Share Repurchases
First written in FY2016. 6 of 14 entries say "Advanced", first in FY2020. Latest entry: FY2027-H1.
95 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Expenditure on the purchase of treasury shares － △ 848」
Expenditure of ¥848 million was incurred for the purchase of treasury shares, and the treasury share balance also increased from the end of the previous fiscal year. The company made progress in implementing capital policies based on resolutions of the Board of Directors. - FY2026AdvancedAnnual report
「Resolution at the Board of Directors meeting (9 May 2025): 750,000 shares, ¥2,000 million」
As part of its flexible capital policy, the Board of Directors resolved to acquire treasury shares up to 750,000 shares and a total of ¥2,000 million. However, no acquisition took place during the fiscal year, and the resolution remained unexercised as of the filing date. - FY2024-Q1AchievedAnnual report
「As a result of the acquisition through the above tender offer, the Company acquired 513,310 of its common shares for an acquisition price of ¥1,497 million.」
With respect to the tender offer for treasury shares resolved on 16 May 2023, the Company acquired 513,310 shares for ¥1,497 million. - FY2023AdvancedAnnual report
「The Company resolved to acquire treasury shares through a tender offer for its own shares as the specific method of acquisition (the "Tender Offer").」
As part of its flexible capital policy, the Board of Directors resolved on 16 May 2023 to conduct a tender offer for treasury shares capped at 550,100 shares and a total of ¥1,604 million, and proceeded to the specific acquisition procedures. - FY2023-Q2Recorded expenditure on the acquisition of treasury sharesAnnual report
「Expenditure on the acquisition of treasury shares: △ ¥0 million, △ ¥1 million」
Compared with expenditure of ¥0 million on the acquisition of treasury shares in the same period of the previous year, expenditure of ¥1 million was recorded in the cumulative second quarter. - FY2022SoftenedAnnual report
「Treasury shares acquired during the fiscal year: 110 shares, ¥0 million」
The acquisition was substantially reduced from the 71,300 shares and ¥83 million acquired in the previous fiscal year, with the current fiscal year limited to 110 shares and ¥0 million through the purchase of shares constituting less than one unit. The Company also stated that there were no applicable acquisitions by resolution of the Board of Directors. - FY2021AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 71,300 shares, ¥83 million」
Of the treasury share acquisition resolved in the previous fiscal year, capped at 900,000 shares and ¥1,000 million, the Company actually acquired 71,300 shares for ¥83 million during the current fiscal year. - FY2020AdvancedAnnual report
「Resolution at the Board of Directors meeting (17 March 2020): 900,000 shares, ¥1,000 million」
Although after the end of the fiscal year, the Company specified an acquisition of treasury shares, capped at 900,000 shares and ¥1,000 million, by resolution of the Board of Directors. - FY2019RestatedAnnual report
「To implement a flexible capital policy in response to changes in the business environment, Article 32 of the Articles of Incorporation provides, pursuant to Article 165, Paragraph 2 of the Companies Act, that the Company may acquire treasury shares through market transactions or other methods by resolution of the Board of Directors.」
The framework in the Articles of Incorporation allowing the acquisition of treasury shares by resolution of the Board of Directors has been retained. - FY2018RestatedAnnual report
「To implement a flexible capital policy in response to changes in the business environment, Article 32 of the Articles of Incorporation provides, pursuant to Article 165, Paragraph 2 of the Companies Act, that the Company may acquire treasury shares through market transactions or other methods by resolution of the Board of Directors.」
The framework in the Articles of Incorporation allowing the acquisition of treasury shares by resolution of the Board of Directors has been retained. - FY2017RestatedAnnual report
「To implement a flexible capital policy in response to changes in the business environment, Article 32 of the Articles of Incorporation provides, pursuant to Article 165, Paragraph 2 of the Companies Act, that the Company may acquire treasury shares through market transactions or other methods by resolution of the Board of Directors.」
The Articles of Incorporation continue to include a framework allowing the acquisition of treasury shares by resolution of the Board of Directors. - FY2016First statedAnnual report
「To implement a flexible capital policy in response to changes in the business environment, Article 32 of the Articles of Incorporation provides, pursuant to Article 165, Paragraph 2 of the Companies Act, that the Company may acquire treasury shares through market transactions or other methods by resolution of the Board of Directors.」
During the current fiscal year, the Company acquired 337,200 treasury shares for ¥1,281 million pursuant to a resolution of the Board of Directors.