Share Repurchases as a Flexible Capital Policy
First written in FY2016. 6 of 11 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
22 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The purpose is to acquire the Company’s own shares through market transactions, thereby enabling the flexible implementation of capital policies in response to changes in the business environment.」
The Company continues its policy of using share repurchases as a means of implementing flexible capital policies. The limit of 125,000 shares and ¥100 million resolved on 8 August 2025 remained unused at the end of the fiscal year. - 2026-07-03OtherTreasury SharesSuggests it is closing out
「We also announce that, with the completion of the matters described below, the acquisition of treasury shares based on the resolution of the Board of Directors dated 8 August 2025 has been completed.」
The acquisition period under the 8 August 2025 resolution expired with both the number of shares acquired and the total acquisition price remaining at zero, and the company disclosed the completion of that acquisition. This concerns the completion of an individual acquisition resolution, not the basic policy on treasury-share acquisitions. - FY2025AdvancedAnnual report
「At the Board of Directors meeting held on 8 August 2025, the Company resolved to acquire its own shares and the specific acquisition method pursuant to Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, paragraph 3 of the same Act.」
In addition to acquiring 24,900 shares for ¥20.994 million under the resolution for the previous fiscal year, the Company established a new share repurchase limit of 125,000 shares and ¥100 million on 8 August 2025. - FY2024AdvancedAnnual report
「Total number of shares that may be acquired: 150,000 shares (maximum) Total acquisition cost: ¥100,000 thousand (maximum) Acquisition period: 24 September 2024 to 30 June 2025 Acquisition method: Market purchases on the Tokyo Stock Exchange」
Under the Board of Directors resolution of 20 September 2024, the Company specified a share repurchase of up to 150,000 shares and ¥100 million. - FY2022AdvancedAnnual report
「Treasury shares acquired during the fiscal year 100,100 56,322,000」
Based on the resolution made in August 2021, the Company acquired 100,100 treasury shares for ¥56.322 million during the fiscal year. Of the 135,000-share acquisition limit, 34,900 shares remained. - FY2022-Q2AdvancedAnnual report
「Expenditures for the acquisition of treasury shares － △ 56,434」
During the six-month period ended 31 December, ¥56.434 million was spent on the acquisition of treasury shares, and the share repurchase progressed. - FY2021AdvancedAnnual report
「Total number of shares that may be acquired: 135,000 shares (maximum) Total acquisition cost: ¥100,000,000 (maximum) Acquisition period: 11 August 2021 to 25 June 2022 Acquisition method: Market purchases on the Tokyo Stock Exchange」
The Board of Directors resolved a share repurchase of up to 135,000 shares and ¥100 million, and 36,500 shares had been acquired by the filing date. - FY2018RestatedAnnual report
「The purpose is to acquire our own shares through market transactions to enable an agile capital policy that responds to changes in the operating environment.」
The Company maintains its policy under its Articles of Incorporation of using share repurchases as a means of implementing flexible capital policies. - FY2017RestatedAnnual report
「The purpose is to acquire our own shares through market transactions to enable an agile capital policy that responds to changes in the operating environment.」
The Company maintains its policy under its Articles of Incorporation of using share repurchases as a means of implementing flexible capital policies. - FY2017-Q1AdvancedAnnual report
「The Company will acquire its own shares in order to implement flexible management measures in response to changes in the business environment. ① Class of shares to be acquired: the Company’s common shares ② Total number of shares to be acquired: 125,000 shares (maximum) ③ Acquisition period: 8 November 2016 to 31 March 2017 ④ Total acquisition cost: ¥100 million (maximum) ⑤ Acquisition method: Market purchases on the First Section of the Tokyo Stock Exchange」
For the share repurchase, the Board of Directors resolved a maximum of 125,000 shares and ¥100 million, specifying the acquisition period and method. - FY2016First statedAnnual report
「The purpose is to acquire our own shares through market transactions to enable an agile capital policy that responds to changes in the operating environment.」
Share buybacks are positioned as a tool of agile capital policy.