Management with an Awareness of the Cost of Capital and Maximization of Shareholder Value
First written in FY2020. 9 of 10 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-08-07.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
42 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedTreasury Shares
「The Company will acquire treasury shares to further enhance shareholder returns and implement a flexible capital policy in response to changes in the business environment.」
The capital policy and shareholder return policy progressed into a specific resolution to acquire treasury shares. - FY2026AdvancedAnnual report
「This was mainly due to a decrease of ¥850 million in short-term borrowings, ¥533 million spent on the repurchase of treasury shares, and dividend payments of ¥821 million, among other factors.」
As capital allocation focused on capital efficiency and shareholder value, the company spent ¥533 million on the repurchase of treasury shares and paid ¥821 million in dividends. - FY2026-H1AdvancedAnnual report
「This was mainly due to dividend payments of ¥421 million and ¥343 million spent on the repurchase of treasury shares, among other factors.」
As capital allocation focused on shareholder value and capital efficiency, the company paid ¥421 million in dividends and spent ¥343 million on the repurchase of treasury shares. - FY2025AdvancedAnnual report
「Cash used in financing activities was ¥1,899 million (an outflow of ¥1,626 million in the previous consolidated fiscal year). This was mainly due to ¥940 million spent on the repurchase of treasury shares and ¥780 million in dividend payments.」
The policy focused on shareholder value and capital efficiency was implemented through capital allocation of ¥940 million for treasury share repurchases and ¥780 million for dividends. - FY2025-H1AdvancedAnnual report
「Based on a resolution of the Board of Directors at its meeting held on 20 May 2024, the company acquired 360,000 common shares as treasury shares for ¥645 million on 21 May 2024.」
The policy of managing with a focus on the cost of capital and improving shareholder value was implemented in FY2025-H1 through the repurchase of 360,000 shares for ¥645 million. - FY2024AdvancedAnnual report
「(1) Reason for the repurchase of treasury shares To repurchase treasury shares in order to implement flexible capital policies in response to changes in the management environment」
The policy of managing with a focus on the cost of capital and improving shareholder value was implemented through the repurchase of treasury shares in response to changes in the management environment. - FY2023-Q3AdvancedAnnual report
「The Company will repurchase its own shares to return capital to shareholders, improve capital efficiency and implement a flexible capital policy in response to the operating environment.」
The policy of improving capital efficiency and implementing flexible capital policies was put into practice through the repurchase of treasury shares. - FY2020First statedAnnual report
「Based on management focused on the cost of capital, we will review our dividend policy and work to maximize shareholder value.」
Maximizing shareholder value through management focused on the cost of capital and a review of the dividend policy is set out as a basic policy in the new medium-term plan.