Improving Capital Efficiency Through Treasury Share Repurchases and Cancellation
First written in FY2023-Q2. 7 of 10 entries say "Advanced", first in FY2024-Q3. Latest entry: 2026-10-30.
- FY2026AdvancedAnnual report
「Status of resolutions at the Board of Directors meeting (30 January 2026) (acquisition date: 4 February 2026) 50,000 70,700,000」
On 4 February 2026, the Company acquired 50,000 treasury shares for ¥70,700,000. It also cancelled 169,200 shares during the fiscal year. - FY2026-H1AdvancedAnnual report
「8 May 2025 (Note) △119,200 17,208,732 － 1,431,065 － 506,065 (Note) Decrease resulting from the cancellation of treasury shares.」
The Company disclosed in the changes in the total number of issued shares that it cancelled 119,200 treasury shares on 8 May 2025. - FY2025AdvancedAnnual report
「Total net assets increased by ¥809 million from the end of the previous fiscal year to ¥14,661 million, mainly due to the recording of net income attributable to owners of the parent of ¥1,379 million, despite a ¥270 million dividend from surplus and a ¥240 million acquisition of treasury shares.」
The Company acquired treasury shares costing ¥240 million during the fiscal year, continuing its measures to improve capital efficiency and return profits to shareholders. In addition, it cancelled 260,200 shares, followed by the cancellation of another 119,200 shares after the filing date. - FY2025-H1Continuation of treasury-share acquisitions and establishment of a new acquisition frameworkAnnual report
「At a meeting of the Board of Directors held on 30 October 2024, the Company resolved matters concerning the acquisition of treasury shares pursuant to the provisions of its Articles of Incorporation under Article 459, Paragraph 1 of the Companies Act, as well as matters concerning the cancellation of treasury shares pursuant to Article 178 of the Companies Act. (2) Total number of shares to be acquired: 150,000 shares (maximum) (Ratio to the total number of issued shares excluding treasury shares: 0.89%) (3) Total acquisition cost: ¥100,000,000 (maximum) (4) Acquisition period: 1 November 2024–30 April 2025 As a result of the above market purchases, the Company acquired 11,200 common shares for an acquisition cost of ¥8,928 thousand between 1 November 2024 and 11 November 2024.」
During the six-month period ended 30 September, the Company recorded ¥143,345 thousand in expenditure for treasury-share acquisitions and cancelled 260,200 shares on 30 September 2024. In addition, for the purpose of enhancing shareholder returns and improving capital efficiency, it resolved to acquire up to 150,000 shares for up to ¥100 million and cancel the acquired shares, and had acquired 11,200 shares by the filing date. - FY2024AdvancedAnnual report
「Total net assets increased by ¥411 million from the end of the previous fiscal year to ¥13,852 million, mainly due to the recording of net income attributable to owners of the parent of ¥936 million, despite a ¥477 million acquisition of treasury shares and ¥210 million in dividends from surplus.」
The Company acquired treasury shares costing ¥477 million and cancelled 257,800 shares in August 2023, advancing measures to improve capital efficiency through the acquisition and cancellation of treasury shares. - FY2024-Q3AdvancedAnnual report
「Total net assets increased by ¥294 million from the end of the previous fiscal year to ¥13,735 million, mainly due to the recording of net income attributable to owners of the parent of ¥847 million, despite a ¥210 million dividend from surplus and the ¥421 million acquisition of treasury shares.」
The Company recorded the acquisition of treasury shares costing ¥421 million during the nine-month period ended 31 December, indicating progress in improving capital efficiency and implementing capital policy through treasury-share acquisitions. - FY2024-Q2RaisedAnnual report
「At a meeting of the Board of Directors held on 30 October 2023, the Company resolved matters concerning the acquisition of treasury shares pursuant to the provisions of its Articles of Incorporation under Article 459, Paragraph 1 of the Companies Act. The total number of shares to be acquired was 400,000 shares (maximum), with a total acquisition cost of ¥263,200,000 (maximum), and on 31 October 2023 the Company acquired 400,000 common shares for an acquisition cost of ¥263,200 thousand. In addition, to enhance shareholder returns and improve capital efficiency, the Company resolved to acquire up to 500,000 treasury shares for a total acquisition cost of up to ¥250,000,000 during the period from 1 November 2023 to 31 October 2024, and to cancel all but some of the acquired shares.」
After actually acquiring 400,000 shares under the previous plan, which had a limit of 400,000 shares and ¥200 million, the Company resolved to acquire up to 500,000 shares for up to ¥250 million and cancel all but some of the acquired shares, increasing the scale of the program. - FY2023-Q2First statedAnnual report
「At a meeting of the Board of Directors held on 28 October 2022, the Company resolved to acquire treasury shares pursuant to the provisions of its Articles of Incorporation under Article 459, Paragraph 1 of the Companies Act, and to cancel treasury shares pursuant to Article 178 of the Companies Act. The purpose of the acquisition and cancellation was to improve capital efficiency and enable agile capital policy in response to changes in the business environment. The total number of shares to be acquired was 400,000 shares (maximum), the total acquisition cost was ¥200,000,000 (maximum), the acquisition period was from 31 October 2022 to 31 July 2023, and the acquisition method was market purchases on the Tokyo Stock Exchange pursuant to a discretionary trading agreement.」
At the Board of Directors meeting held on 28 October 2022, the Company resolved to acquire up to 400,000 treasury shares, for a total acquisition cost of up to ¥200 million, and to cancel all but some of the acquired shares, with the aim of improving capital efficiency and enabling agile capital policy.