Shareholder Returns and Improved Capital Efficiency through the Acquisition and Cancellation of Treasury Shares
First written in FY2022-Q1. 2 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2024-Q1.
109 other companies' latest entry also says "Advanced".
- FY2024-Q1AdvancedAnnual report
「Based on a resolution of the Board of Directors dated 18 May 2023, the company acquired 250,000 treasury shares. As a result, treasury shares increased by ¥272,250 thousand during the six-month period ended 30 June 2023, and treasury shares amounted to ¥1,078,804 thousand at the end of the first quarter of the fiscal year.」
Based on the resolution dated 18 May 2023, the company acquired 250,000 treasury shares. Treasury shares increased by ¥272,250 thousand, and the balance at the end of the period was ¥1,078,804 thousand. - FY2023AdvancedAnnual report
「Status of resolution at the Board of Directors meeting (10 February 2023) (acquisition date: 15 February 2023): 650,000 shares, ¥806,000 thousand」
The company acquired 650,000 treasury shares for ¥806,000 thousand on 15 February 2023. Unlike the previous acquisition and cancellation of 150,000 shares, an acquisition was recorded during the fiscal year. - FY2022Cited as achievedAnnual report
「The reduction of 150,000 in the number of issued common shares and common treasury shares was due to the cancellation of treasury shares.」
The completed acquisition and cancellation of 150,000 treasury shares was restated in the changes in the number of shares outstanding as a past measure. - FY2022-Q2AchievedAnnual report
「Based on a resolution of the Board of Directors dated 4 August 2021, the company acquired 150,000 treasury shares on 5 August 2021 and cancelled 150,000 treasury shares on 17 August 2021.」
The acquisition and cancellation of 150,000 treasury shares for the purpose of expanding shareholder returns and improving capital efficiency were completed. - FY2022-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 4 August 2021, the company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied with the necessary changes under Article 165, Paragraph 3 of the Act, and to cancel treasury shares pursuant to Article 178 of the Act. The company also carried out the treasury share acquisition as follows. 1. Reason for acquiring and cancelling treasury shares: expanding shareholder returns and improving capital efficiency; 2. Total number of shares to be acquired: 150,000 shares (maximum); 3. Total acquisition cost: ¥135,300 thousand (maximum); 4. Acquisition period: 5 August 2021; scheduled cancellation date: 17 August 2021 (scheduled).」
For the purpose of expanding shareholder returns and improving capital efficiency, the company disclosed for the first time a resolution to acquire up to 150,000 treasury shares for up to ¥135,300 thousand and cancel the acquired shares. The acquisition had been completed, while a scheduled date was given for the cancellation.