Shareholder Returns and Improved Capital Efficiency Through Treasury Share Repurchases and Cancellations
First written in FY2023. 1 of 3 entries say "Achieved", first in FY2024-Q1. Latest entry: FY2025.
95 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「24 March 2025 (Note) This represents a decrease resulting from the cancellation of treasury shares.」
On 24 March 2025, the company additionally acquired and cancelled 106,100 treasury shares to enhance shareholder returns and improve capital efficiency. - FY2024-Q1AchievedAnnual report
「At a meeting of the Board of Directors held on 27 April 2023, the company resolved matters relating to the cancellation of treasury shares pursuant to Article 178 of the Companies Act and carried out the cancellation as follows. (1) Reason for cancelling treasury shares To enhance shareholder returns and improve capital efficiency (2) Details of the cancellation ① Class of shares cancelled Ordinary shares ② Total number of shares cancelled 149,000 shares ③ Cancellation date 31 July 2023 ④ Total number of issued shares after cancellation (including treasury shares) 10,804,582 shares」
The company acquired 149,000 treasury shares to enhance shareholder returns and improve capital efficiency, and completed the cancellation of the same number of shares on 31 July 2023. - FY2023First statedAnnual report
「Reason for acquiring and cancelling treasury shares To enhance shareholder returns and improve capital efficiency Total number of shares to be acquired 150,000 shares (maximum) Total acquisition cost ¥300 million (maximum) Acquisition period 8 May 2023 to 30 June 2023」
In a resolution of the Board of Directors dated 27 April 2023, the company disclosed for the first time its policy of acquiring up to 150,000 treasury shares for up to ¥300 million and cancelling the acquired shares, with the aim of enhancing shareholder returns and improving capital efficiency.