Shareholder Returns and Improved Capital Efficiency Through Share Buybacks
First written in FY2022-Q3. 1 of 2 entries say "Advanced", first in FY2022. Latest entry: FY2022.
- FY2022AdvancedAnnual report
「Based on the resolution of the board of directors at its meeting held on 14 February 2022, the company acquired treasury shares from 15 February 2022 through 31 March 2022. This acquisition increased treasury shares by 44,300 shares.」
The company conducted a treasury share acquisition and acquired 44,300 shares for ¥76 million during the fiscal year. It acquired a further 12,700 shares after the fiscal year-end, bringing the cumulative total to 57,000 shares and ¥99,896,600, substantially implementing the acquisition resolution. - FY2022-Q3First statedAnnual report
「1 Purpose of acquisition To return more profits to shareholders and improve capital efficiency 2 Details of acquisition (1) Class of shares to be acquired: Common shares of the company (2) Total number of shares to be acquired: 60,000 shares (maximum) (Percentage of total issued shares excluding treasury shares: 1.99%) (3) Total acquisition cost: ¥100 million (maximum) (4) Acquisition period: 15 February 2022 to 28 April 2022 (5) Acquisition method: Market purchases on the Tokyo Stock Exchange」
At a meeting held on 14 February 2022, the board of directors resolved to acquire up to 60,000 treasury shares for a maximum of ¥100 million to return profits to shareholders and improve capital efficiency. The acquisition period and market purchases as the acquisition method were also specified.