Share Buybacks to Enhance Shareholder Returns and Improve Capital Efficiency
First written in FY2023-Q3. 3 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2024.
23 other companies' latest entry also says "Other".
- FY202428,600 shares remaining in the acquisition quotaAnnual report
「Total number and aggregate value of shares remaining under the resolution 28,600 0」
Of the treasury share acquisition authorized up to 450,000 shares and ¥500 million, 421,400 shares had been acquired as of the end of the fiscal year, leaving 28,600 shares yet to be acquired. - FY2024-Q2AdvancedAnnual report
「Based on the resolution adopted at the Board of Directors meeting held on 27 December 2022, the company acquired 145,300 treasury shares during the cumulative second quarter of the current consolidated fiscal year. As a result, treasury shares increased by ¥174 million, and treasury shares stood at ¥499 million at the end of the second quarter of the current consolidated fiscal year.」
The company additionally acquired 145,300 treasury shares for ¥174 million from March through August 2023, bringing the balance of treasury shares to ¥499 million. - FY2024-Q1AdvancedAnnual report
「Based on the resolution adopted at the Board of Directors meeting held on 27 December 2022, the company acquired 117,700 treasury shares during the cumulative first quarter of the current consolidated fiscal year. As a result, treasury shares increased by ¥138 million, and treasury shares stood at ¥463 million at the end of the first quarter of the current consolidated fiscal year.」
The company additionally acquired 117,700 treasury shares, bringing the balance of treasury shares to ¥463 million, indicating progress in executing the buyback. - FY2023AdvancedAnnual report
「Expenditure on the acquisition of treasury shares ¥324 million」
The filing states that, against the limits approved by the Board of Directors of 450,000 shares and ¥500 million, the company acquired 276,100 shares for ¥324 million during the fiscal year, indicating progress in executing the buyback. - FY2023-Q3First statedAnnual report
「We will acquire treasury shares to enhance shareholder returns and capital efficiency and to pursue flexible capital policies in response to changes in the business environment. Maximum number of shares that may be acquired: 450,000 shares (3.50% of total issued shares excluding treasury shares); maximum total acquisition cost: ¥500 million; acquisition period: 2022-12-28 to 2023-11-30; acquisition method: market purchases on the Tokyo Stock Exchange.」
The resolution adopted at the Board of Directors meeting held on 27 December 2022 sets out specific conditions, including the maximum number of shares and total amount, the percentage, the acquisition period and market purchases.