Share Repurchases as a Flexible Capital Policy
First written in FY2022-Q3. 1 of 2 entries say "Restated". Latest entry: FY2022.
24 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Acquisition of treasury shares pursuant to the resolution of the Board of Directors on 4 February 2022: 200,000 shares」
The Company has reconfirmed the acquisition of 200,000 treasury shares resolved as a flexible capital policy as an actual result for the fiscal year. The actual acquisition cost was ¥81.6 million, and the acquisition has been completed. - FY2022-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 4 February 2022, the Company resolved, pursuant to Article 156 of the Companies Act as applied with the necessary changes under Article 165, paragraph 3 of the Act, matters relating to the acquisition of treasury shares as follows. 1. Reason for acquiring treasury shares To pursue flexible capital policies in response to changes in the business environment 2. Details of the acquisition (1) Class of shares to be acquired: Common shares of the Company (2) Total number of shares to be acquired: 200,000 shares (maximum) (Percentage of issued shares excluding treasury shares: 2.53%) (3) Total acquisition cost: ¥90,000,000 (maximum) (4) Acquisition period: From 7 February 2022 to 28 February 2022 (5) Acquisition method: Purchase through the Tokyo Stock Exchange's off-auction purchase transaction for treasury shares (ToSTNeT-3) 3. Acquisition results Based on the above resolution, the Company acquired 200,000 common shares on 8 February 2022 for an acquisition cost of ¥81,600,000, completing the acquisition of treasury shares under the resolution.」
The Company resolved to acquire 200,000 treasury shares as a flexible capital policy in response to changes in the business environment, and completed the acquisition on 8 February 2022. The maximum acquisition cost was ¥90 million, while the actual acquisition cost was ¥81.6 million.