Share Repurchases as an Agile Capital Policy
First written in FY2019-Q3. 14 of 21 entries say "Advanced", first in FY2020. Latest entry: 2026-08-13.
4 other companies' latest entry also says "Softened".
- 2026-08-13SoftenedEarnings Presentation
「自己株式取得は実施しない予定。」
戦略投資額等の合計が当期利益を上回ることを理由に、当期の自己株式取得を実施しない計画が示された。 - FY2026AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 1,500,000 shares, 686 Total number and aggregate price of shares remaining under the resolution: —, 14」
Under the treasury share repurchase program established on 13 May 2025 with a ¥700 million limit, 1,500,000 shares were acquired for ¥686 million, leaving ¥14 million. - FY2026-H1AdvancedAnnual report
「Cash flows from financing activities decreased by ¥271 million during the interim consolidated accounting period. This was mainly attributable to proceeds of ¥2,400 million from long-term borrowings, repayments of long-term borrowings of ¥949 million, dividend payments of ¥1,053 million, and expenditures of ¥404 million for the acquisition of treasury shares.」
Under the treasury share repurchase policy established in FY2025, the company incurred ¥404 million in acquisition expenditures during the interim consolidated accounting period. Treasury share acquisitions and cancellations also progressed, bringing treasury shares to 10,213,955. - FY2025Completion of the treasury share repurchase program and establishment of the program for the following fiscal yearAnnual report
「The company resolved to acquire treasury shares with a maximum total acquisition price of ¥700 million, based on a comprehensive assessment of its financial policy on shareholder returns and the current situation, given that profit attributable to owners of the parent for the fiscal year ending March 2025 was ¥3,872 million, strategic investment amounted to ¥2,019 million, total dividends were ¥1,054 million, and shareholder benefit expenses were ¥39 million.」
The treasury share repurchase program established in the previous fiscal year, capped at 4,200,000 shares and ¥2.8 billion, was carried out up to its limits. A new ¥700 million acquisition limit for the following fiscal year was established based on the amount remaining after deducting strategic investments, total dividends, and shareholder benefit expenses from profit. - FY2025-H1AdvancedAnnual report
「Cash flows from financing activities decreased by ¥2,534 million during the interim consolidated accounting period. This was mainly attributable to proceeds of ¥1,300 million from long-term borrowings, repayments of long-term borrowings of ¥928 million, dividend payments of ¥675 million, and expenditures of ¥2,340 million for the acquisition of treasury shares.」
The company incurred ¥2,340 million in expenditures for treasury share acquisitions during the interim consolidated accounting period. Acquisitions under the repurchase program re-established in FY2024 are progressing. - FY2024Resetting the treasury-share acquisition authorizationAnnual report
「(3) Maximum number of shares that may be acquired: 4,200,000 shares (maximum), equivalent to 4.0% of total shares outstanding excluding treasury shares (4) Maximum total acquisition price: ¥2.8 billion (5) Acquisition period: 10 May 2024–31 March 2025」
A new treasury share repurchase program was established with a maximum of 4,200,000 shares and ¥2.8 billion, for the period from 10 May 2024 to 31 March 2025. The monetary limit was increased from the previous ¥1.4 billion, while the share limit was changed from 4.7 million to 4.2 million shares. - FY2023AchievedAnnual report
「The Board resolution dated 13 May 2022 set the acquisition period through 10 May 2023, but the acquisition was completed on 11 October 2022 because the total acquisition amount had reached the maximum.」
The ¥1.4 billion share repurchase program, capped at 4.7 million shares, reached its monetary limit and was completed on 11 October 2022. - FY2023-Q3AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the Company resolved to acquire treasury shares during the period from 16 May 2022 to 10 May 2023 and had acquired 4,120,800 shares by the end of the third quarter of the current fiscal year. As a result, the number of treasury shares stood at 7,698,090 as of the end of the third quarter of the current fiscal year.」
For the treasury-share acquisition, 4,120,800 shares had been acquired during the acquisition period, bringing treasury shares to 7,698,090. Financing activities included acquisition payments of ¥1,403 million. - FY2023-Q2AdvancedAnnual report
「Payments for the acquisition of treasury shares: ¥1,275 million」
For the treasury-share acquisition, ¥1,275 million was spent during the six months ended the second quarter, and treasury shares increased from 3,577,290 at the beginning of the period to 7,355,290. - FY2023-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 13 May 2022, the Company resolved to acquire treasury shares during the period from 16 May 2022 to 10 May 2023 and had acquired 1,671,500 shares by the end of the first quarter of the current fiscal year. As a result, the number of treasury shares stood at 5,248,790 as of the end of the first quarter of the current fiscal year.」
Under the treasury-share acquisition limit, 1,671,500 shares had been acquired during the acquisition period, bringing treasury shares at period-end to 5,248,790. Acquisition payments were reported at ¥568 million. - FY2022RaisedAnnual report
「(3) Maximum number of shares to be acquired 4,700,000 shares (4.3% of the total number of issued shares excluding treasury shares) (4) Maximum total acquisition price ¥1.4 billion (5) Acquisition period 16 May 2022 to 10 May 2023」
The treasury-share acquisition limit was expanded from the previous maximum of 3,000,000 shares and ¥1 billion to a maximum of 4,700,000 shares and ¥1.4 billion. Before the filing, 837,200 shares had been acquired for ¥287 million. - FY2021-Q3AdvancedAnnual report
「This was mainly attributable to proceeds of ¥2,150 million from long-term borrowings, repayments of long-term borrowings of ¥375 million, dividend payments of ¥301 million and payments of ¥999 million for the acquisition of treasury shares.」
For the treasury-share acquisition, ¥999 million was spent during the nine months ended the third quarter, and treasury shares increased by 3,000,000 during the period. - FY2021-Q2AdvancedAnnual report
「This was mainly attributable to ¥919 million in payments for the acquisition of treasury shares.」
Under the treasury-share acquisition policy, ¥919 million was spent on acquisitions during the six months ended the second quarter, and the acquisitions continued to progress. The capital note reports an increase of 2,767,700 treasury shares during the period. - FY2021-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 May 2020, the Company resolved to acquire treasury shares during the period from 15 May 2020 to 14 May 2021 and had acquired 2,011,700 shares by the end of the first quarter of the current fiscal year. As a result, the number of treasury shares stood at 2,588,900 as of the end of the first quarter of the current fiscal year.」
Under the treasury-share acquisition policy, 2,011,700 shares had been acquired during the acquisition period, bringing treasury shares at period-end to 2,588,900. - FY2020AdvancedAnnual report
「At a meeting of the Board of Directors held on 14 May 2020, the Company resolved matters relating to the acquisition of treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, paragraph 3 of the Act. (1) Reason for acquiring treasury shares: To increase shareholder value by pursuing agile capital policies. (3) Maximum number of shares to be acquired: 3,000,000 shares (4) Maximum total acquisition price: ¥1 billion (5) Acquisition period: 15 May 2020 to 14 May 2021」
The treasury-share acquisition policy was expanded into a specific framework of up to 3,000,000 shares and ¥1 billion, with an acquisition period from 15 May 2020 to 14 May 2021. Before the filing, 1,785,700 shares had been acquired for ¥590 million. - FY2019RaisedAnnual report
「Recognizing the importance of capital efficiency in further increasing shareholder value, the Company decided to introduce a new financial policy for shareholder returns from the fiscal year ending March 2020. Specifically, for fiscal years from the fiscal year ending March 2020 onward, the amount remaining after deducting strategic investments (*) and total dividends from profit attributable to owners of the Company for the year will be set as the treasury-share acquisition limit for the following year.」
The February 2019 treasury-share acquisition plan was executed with the acquisition of 577,200 shares for ¥400 million, and from the fiscal year ending March 2020 onward was expanded into an ongoing returns policy allocating profit after strategic investments and dividends to the following year's treasury-share acquisition limit. - FY2019-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 13 February 2019, the Company resolved to acquire treasury shares pursuant to Article 156 of the Companies Act as applied by replacing certain terms under Article 165, paragraph 3 of the Act. (1) Reason for acquiring treasury shares: To increase shareholder value by pursuing agile capital policies. (3) Maximum number of shares to be acquired: 670,000 shares (0.6% of the total number of issued shares excluding treasury shares) (4) Maximum total acquisition price: ¥400 million (5) Acquisition period: 13 February 2019 to 13 May 2019 (6) Acquisition method: Market purchases on the Tokyo Stock Exchange」
To increase shareholder value, the Company resolved to acquire up to 670,000 treasury shares for up to ¥400 million, and first disclosed a plan to make market purchases from 13 February to 13 May 2019.